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That's >50% of monthly global Visa transactions [1]. Monthly volume at ~$190 billion [2], as compared to ~$1 trillion monthly volume for Visa globally [3]. Pr
by mehulagrawal 3y ago
That's >50% of monthly global Visa transactions [1].
Monthly volume at ~$190 billion [2], as compared to ~$1 trillion monthly volume for Visa globally [3].
Pretty good, given that most banks have daily UPI limits of $1200, and much lower individual transaction limits.
[1] https://www.thenationalnews.com/business/technology/2023/07/25/visa-profit-surges-on-higher-cross-border-transactions/ https://www.thenationalnews.com/business/technology/2023/07/...
[2] https://www.cnbctv18.com/technology/upi-monthly-transaction-volumes-value-august-historic-10-billion-mark-cross-payments-17683881.htm https://www.cnbctv18.com/technology/upi-monthly-transaction-...
[3] https://annualreport.visa.com/financials/default.aspx https://annualreport.visa.com/financials/default.aspx
- kumarvvr 3y agoIt's 1200 USD per day.
- mehulagrawal 3y ago"daily UPI limits of $1200"