Transaction volume refers to the total number of transactions conducted within a specific period. It often indicates the level of economic activity in a market. High transaction volumes can suggest robust economic health. In contrast, low volumes may signal stagnation. This metric is crucial for businesses and policymakers alike. It helps in assessing market trends and making informed decisions.
India’s digital payments journey is often showcased through the extraordinary success of the Unified Payments Interface (UPI). As it nears a decade since launch, UPI processes more than...
