UPI rebounds from November dip, ends December with new high of 21.6 billion transactions worth Rs 28 lakh crore

UPI hit record transaction volumes and value in December, rebounding after a softer November, driven by festive and year-end spending. Other digital payment modes such as IMPS and FASTag also saw growth, while AePS declined sequentially. Even as usage rises, NPCI is reviewing certain features to address consumer safety concerns.