New Delhi, Nov 5 (PTI) Digital transactions through Unified Payments Interface (UPI) have surged exponentially 77 times within a year of the demonetisation drive. As per the latest data of the National Payment Corporation of India (NPCI), the number of payments through UPI has zoomed to 76.96 million at end-October 2017. In October alone, the transactions increased to 76.96 million from 30.98 million in September. "UPI transactions: Oct 2016 - 0.1 million, Oct 2017 - 76.96 million. In order to push UPI transactions, Prime Minister Narendra Modi in December had launched BHIM (Bharat Interface for Money) app to facilitate quick payment transactions using UPI.

Source: India Today November 05, 2017 07:30 UTC