Industry experts said that while the surge in UPI-based micro-transactions could help India achieve its stated objective of transforming into a cashless economy, banks would be nervously monitoring the rising volumes of low-ticket fund transfers.source https://economictimes.indiatimes.com/industry/banking/finance/upi-crosses-record-1-5-billion-transactions-in-august-shows-latest-rbi-data/articleshow/77859418.cms
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