BHIM UPI app has gone onto exhibit a marked increase in terms of transactions in the month of April, 2018. Well, the volume of transactions has reached INR 190.08 Million. This is significantly higher than the transactions, which occurred in the previous month. In March, the volume of financial transactions occurred through BHIM UPI app, stood at INR 178.05 Million. The report was made official by the ‘Law and Justice’ and ‘Electronics and Information Technology’ Minister Ravi Shankar Prasad via his twitter page.
Increase in the number of digital payments through BHIM UPI shows its constant popularity among the people which is paving way towards a digital economy. #DigitalIndia pic.twitter.com/nqfGaOdgfn
— Ravi Shankar Prasad (@rsprasad) May 6, 2018
Announcing the news, he has shared a data, which shows the increased use of the app. During the month of February, there was a total volume of financial transaction, amounting up to INR 171.40 Million.