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UPI saw the highest transaction volume in July 2020, accounting for 40% of total transactions, while RTGS saw the highest value at 67% of total value transferred. On average, transaction values were highest for RTGS at Rs. 57,93,071, followed by CTS at Rs. 81,504. The document provides payment system statistics for India in July 2020, including transaction count, value, and average transaction size (ATS) for various systems like UPI, NEFT, RTGS, IMPS and others.
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* ChatGPT and OpenAI belong to OpenAI, L.L.C.
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P1 s2
- 1. Payment Systems Contribution Count (Mn) Count % Value (Bn) Value % ATS (Rs) Transfers RTGS 12 0% 71,379 67% 57,93,071 NEFT 240 6% 19,631 19% 81,761 IMPS 222 6% 2,258 2% 10,166 UPI 1,497 40% 2,905 3% 1,940 Bulk APBS 118 3% 90 0% 759 NACH 185 5% 1,670 2% 9,004 Spends Card Spends 857 23% 1,276 1% 1,489 Paper CTS 53 1% 4,338 4% 81,504 Withdrawals ATMs 471 13% 2,341 2% 4,972 AePS 74 2% 175 0% 2,350 July 2020RTGS Inter-Bank Settlement transactions excluded