Digital transactions spiked 770 times since demonetisation
Digital transactions through Unified Payments Interface (UPI) have shot up by 770 times within a year of demonetisation, according to National Payments Corporation of India (NPCI) data. The number of transactions UPI recorded in October 2017 was 7.69 crore as compared to 1 lakh during the same period last year. The transactions amounted to â¹7,057 crore in October 2017.