ADVERTISEMENT
Covid-19 Impact: From UPI To FASTag, Digital Transactions Fall In April
For April, value of transactions on the Unified Payments Interface platform fell 26.7 percent to Rs 1.55 lakh crore.
02 May 2020, 05:52 PM IST i

Save

Quick respond (QR) codes for Bharat Interface for Money (BHIM), developed by NPCI and PayTM online payment are displayed at a roadside food stall in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)
Transactions across digital payment platforms fell significantly in the month of April in response to a nationwide lockdown imposed in the wake of the Covid-19 outbreak.Data on digital payments released by the National Payments Corporation of India on Friday, through Twitter, showed that barring the Aadhaar Enabled Payments System, all other digital payments platforms saw a significant fall in transactions.UPI Transactions Reverse Co...

I’m already a Subscriber
To continue reading this story
Subscribe to Unlock & Enjoy your
Subscriber-Only benefits
Subscriber-Only benefits
Choose a plan
Renews automatically. Cancel anytime.
Access to
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Subscriber-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Subscriber-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
ADVERTISEMENT