78% payments up to Rs 500 on UPI: NPCI data

  • The new data by NPCI shows that 78 percent of P2M, and 59 percent of P2P transactions are up to Rs 500.
  • Further in terms of volumes, transactions between Rs 501 and Rs 2,000 make up 15 percent of P2M and 20 percent of P2P volumes.
  • 87 percent of P2P transactions are above Rs 2,000 and 70 percent of P2M. The large number of transactions up to Rs 500 translate to only a 3 percent share of P2P exchanges, and 13 percent for P2M.