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India's UPI transactions way more than US digital

India's UPI transactions way more than US digital payments, says Jaishankar

External Affairs Minister (EAM) S Jaishankar said that India does transactions worth Rs 120 crore in a month

External Affairs Minister (EAM) S Jaishankar recently highlighted India's remarkable progress in digital payments, noting that the country now conducts transactions worth Rs 120 crore per month through the Unified Payments Interface (UPI). In contrast, he pointed out that in the United States, digital transactions amount to only Rs 40 crore per year.

Speaking at an event in Rajasthan's Bikaner, Jaishankar emphasised, "Today, we do cashless payments through UPI. We have transactions worth Rs 120 crore in a month. While the US makes digital transactions worth Rs 40 crore in a year. You should see how we have progressed in some areas and the world commends that."

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