India’s UPI crossed 10 billion monthly transactions in August 2023
Dated 31 August 2023: India’s UPI crossed 10 billion monthly transactions in August 2023. In the causal graph this event strengthens the driver Digital-Payment Adoption.
Who was responsible
Contribution type and responsibility level for each recorded actor — not sole-author shorthand.
No public contributors are listed for this fact.
What changed
Fact → Driver → Indicator. Relationship strength orders the paths; it is not the observed indicator movement.
- FactIndia’s UPI crossed 10 billion monthly transactions in August 2023
- strengthensDriverDigital-Payment Adoption
provisional weight · verified
Causal path
How this event connects to drivers and indicators in the graph.
- FactIndia’s UPI crossed 10 billion monthly transactions in August 2023
- strengthensDriverDigital-Payment Adoption
Cite this page
Factrail. (2026). India’s UPI crossed 10 billion monthly transactions in August 2023. Factrail. https://factrail.ai/facts/upi-crosses-10-billion-monthly-transactions-august-2023
https://factrail.ai/facts/upi-crosses-10-billion-monthly-transactions-august-2023
Accessed 16 October 2026.
By the Factrail desk · Method: how we source and score · Last reviewed
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