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UPI Ecosystem Statistics

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UPI Top 50 Banks Performance (Mar'24)
UPI Remitter Banks - Top 50 Banks (Mar'24)
Sr. No. UPI Remitter Banks (Mar-2024) Total Volume (In Mn) Approved % BD % TD% Total Debit Reversal Count (In Mn) Debit Reversal Success %
1 State Bank Of India 3557.541829 94.99% 4.70% 0.32% 16.59436 95.04%
2 HDFC BANK LTD 1158.507481 96.13% 3.86% 0.01% 4.25617 99.60%
3 Bank of Baroda 882.820922 93.30% 6.25% 0.45% 4.395664 96.49%
4 Union Bank of India 848.594435 93.47% 5.14% 1.40% 6.51187 53.92%
5 Punjab National Bank 728.078484 94.22% 5.54% 0.23% 3.490228 99.11%
6 Kotak Mahindra Bank 703.555041 93.66% 6.20% 0.14% 3.284296 90.24%
7 Canara Bank 642.813499 93.72% 5.91% 0.37% 3.679906 81.79%
8 Axis Bank Ltd. 630.131578 96.07% 3.93% 0.01% 2.144304 97.72%
9 ICICI Bank 583.199553 96.40% 3.52% 0.09% 2.067914 95.68%
10 Bank of India 434.186009 94.63% 5.03% 0.34% 2.227356 84.44%
11 Indian Bank 400.984379 94.39% 5.40% 0.21% 2.444428 75.20%
12 Airtel Payments Bank 387.914528 91.25% 8.63% 0.12% 2.139035 95.89%
13 India Post Payment Bank 312.227318 80.17% 13.85% 5.98% 3.153414 46.99%
14 Federal Bank 204.832271 94.79% 5.01% 0.20% 0.757723 98.04%
15 Central Bank Of India 200.373927 85.98% 10.69% 3.33% 2.614758 51.15%
16 Indian Overseas Bank 188.009948 92.66% 4.92% 2.42% 1.210839 91.57%
17 UCO Bank 171.874724 93.19% 5.90% 0.91% 1.339998 57.58%
18 Bank of Maharashtra 153.388415 89.77% 5.41% 4.83% 1.429516 59.23%
19 IDBI Bank Limited 151.698095 93.27% 5.26% 1.47% 0.994333 70.17%
20 INDUSIND BANK 142.639412 92.76% 6.76% 0.47% 0.906999 92.70%
21 Fino Payments Bank Limited FIP 136.773606 88.98% 9.53% 1.48% 0.917693 70.73%
22 Karnataka Bank 106.226668 92.83% 6.07% 1.10% 0.606982 71.09%
23 Yes Bank Ltd 103.429412 94.43% 5.40% 0.17% 0.348307 95.02%
24 Paytm Payments Bank 98.182403 89.73% 10.25% 0.03% 0.3453 96.43%
25 IDFC FIRST Bank 83.296395 92.99% 6.72% 0.28% 0.393264 82.51%
26 Karur Vysya Bank 67.677873 91.62% 5.87% 2.51% 0.447807 79.24%
27 Bandhan Bank 54.034599 93.13% 5.90% 0.97% 0.303989 98.34%
28 South Indian Bank 53.061664 95.66% 4.30% 0.04% 0.149476 96.38%
29 Jammu and Kashmir Bank 52.39282 94.19% 5.01% 0.80% 0.403671 58.67%
30 AU small Finance Bank 45.204889 93.76% 5.01% 1.23% 0.346114 91.10%
31 Tri O Tech Solutions Private Limited 43.690678 100.00% 0.00% 0.00% 0 0.00%
32 Ujjivan Small Finance Bank 42.63688 94.16% 5.62% 0.22% 0.21123 95.46%
33 City Union Bank 40.698146 92.12% 7.57% 0.31% 0.136514 99.51%
34 Punjab and Sind Bank 36.907215 88.97% 6.85% 4.18% 0.650432 41.18%
35 Tamilnad Mercantile Bank 36.682775 91.40% 6.86% 1.75% 0.231701 52.03%
36 Equitas Bank 32.26191 92.46% 7.26% 0.28% 0.169449 96.21%
37 Andhra Pradesh Grameena Vikas Bank 28.82578 84.18% 12.67% 3.15% 0.298302 56.53%
38 Kerala Gramin Bank 27.133819 92.84% 6.20% 0.96% 0.147015 52.05%
39 DBS Bank India Limited 26.674207 94.70% 5.04% 0.26% 0.112283 81.96%
40 Pragathi Krishna Gramin Bank 26.203594 89.82% 8.08% 2.10% 0.300891 49.95%
41 Maharashtra Gramin Bank 25.454104 87.57% 11.61% 0.83% 0.093487 94.05%
42 HDFC Bank Credit Card HCB 25.186114 93.87% 4.86% 1.28% 0.229633 98.89%
43 Standard Chartered 25.1267 97.12% 2.69% 0.19% 0.085251 94.80%
44 Rajasthan Marudhara Gramin Bank 24.855123 83.35% 11.87% 4.78% 0.28549 41.00%
45 Saraswat Bank 23.284179 95.74% 3.94% 0.32% 0.097772 82.32%
46 Baroda UP Gramin Bank 22.309498 74.22% 10.56% 15.22% 1.019951 14.65%
47 ESAF Small Finance Bank Ltd. 21.764071 93.86% 5.08% 1.06% 0.134768 73.09%
48 Fincare Small Finance Bank Ltd 21.316777 85.10% 14.43% 0.47% 0.123322 94.35%
49 Citibank 20.781028 96.61% 3.06% 0.32% 0.085348 98.88%
50 ICICI Bank 20.355478 100.00% 0.00% 0.00% 2.067914 95.68%
UPI Top 50 Banks Performance (Mar'24)
UPI Beneficiary Banks - Top 50 Banks (Mar'24)
Sr.No. UPI Beneficiary Banks (Mar-2024) Total Volume (In Mn) Approved % BD% TD% Deemed Approved %
1 Yes Bank Ltd 2,638.46 99.93% 0.04% 0.04% 0.00%
2 Paytm Payments Bank 2,490.22 99.83% 0.16% 0.02% 0.00%
3 State Bank Of India 1,524.71 99.59% 0.13% 0.28% 0.04%
4 Axis Bank Ltd. 1,230.70 99.89% 0.11% 0.00% 0.06%
5 ICICI Bank 647.55 99.55% 0.40% 0.05% 0.04%
6 HDFC BANK LTD 643.37 98.79% 1.19% 0.02% 0.02%
7 Bank of Baroda 372.75 99.56% 0.31% 0.13% 0.18%
8 Federal Bank 370.03 99.62% 0.28% 0.11% 0.01%
9 Union Bank of India 357.49 99.01% 0.13% 0.86% 0.30%
10 Punjab National Bank 312.24 99.55% 0.34% 0.11% 0.09%
11 Canara Bank 303.29 98.06% 1.60% 0.35% 0.19%
12 Kotak Mahindra Bank 283.32 99.56% 0.38% 0.06% 0.08%
13 Airtel Payments Bank 231.80 99.54% 0.28% 0.19% 0.03%
14 Indian Bank 226.08 98.58% 0.94% 0.48% 0.14%
15 JUSPAY Technologies Pvt Ltd 212.40 99.89% 0.00% 0.10% 0.00%
16 Bank of India 197.83 99.54% 0.20% 0.26% 0.09%
17 INDUSIND BANK 131.65 99.20% 0.45% 0.36% 0.12%
18 India Post Payment Bank 131.52 95.21% 0.41% 4.38% 0.34%
19 Central Bank Of India 93.29 98.14% 0.40% 1.46% 0.58%
20 Indian Overseas Bank 87.87 97.75% 0.47% 1.78% 0.57%
21 UCO Bank 84.00 98.67% 0.85% 0.48% 0.25%
22 IDBI Bank Limited 65.49 98.13% 0.74% 1.13% 0.16%
23 Fino Payments Bank Limited FIP 63.82 96.00% 2.83% 1.17% 0.19%
24 Bank of Maharashtra 61.24 95.97% 0.19% 3.84% 0.41%
25 RBL 49.38 94.08% 2.96% 2.96% 0.93%
26 Karnataka Bank 46.73 97.72% 1.46% 0.82% 0.10%
27 IDFC FIRST Bank 36.02 98.06% 1.71% 0.23% 0.07%
28 Karur Vysya Bank 35.22 97.58% 1.21% 1.21% 0.21%
29 Bandhan Bank 32.36 98.60% 0.26% 1.14% 0.01%
30 South Indian Bank 32.16 98.07% 1.87% 0.06% 0.02%
31 AU small Finance Bank 30.19 96.15% 2.96% 0.89% 0.19%
32 Jammu and Kashmir Bank 25.44 98.96% 0.78% 0.26% 0.21%
33 Tamilnad Mercantile Bank 24.37 98.31% 0.10% 1.59% 0.27%
34 ONE MOBIKWIK SYSTEMS LIMITED 22.18 99.95% 0.01% 0.04% 0.01%
35 Tri O Tech Solutions Private Limited 22.15 95.35% 4.60% 0.06% 0.00%
36 Ujjivan Small Finance Bank 21.74 98.73% 1.12% 0.16% 0.12%
37 City Union Bank 21.21 97.61% 2.12% 0.28% 0.04%
38 Punjab and Sind Bank 16.20 95.93% 1.26% 2.81% 0.85%
39 Kerala Gramin Bank 15.07 99.27% 0.28% 0.45% 0.30%
40 Equitas Bank 14.44 97.44% 2.28% 0.28% 0.02%
41 Andhra Pradesh Grameena Vikas Bank 13.56 97.46% 0.65% 1.89% 0.30%
42 Pragathi Krishna Gramin Bank 12.98 98.57% 0.39% 1.04% 0.67%
43 DBS Bank India Limited 12.36 97.79% 1.75% 0.46% 0.15%
44 Maharashtra Gramin Bank 11.89 99.11% 0.35% 0.54% 0.09%
45 Rajasthan Marudhara Gramin Bank 11.79 96.75% 0.47% 2.77% 0.46%
46 CITI 11.77 99.86% 0.00% 0.14% 0.17%
47 Jio Payments Bank 11.55 98.96% 0.59% 0.45% 0.08%
48 Baroda UP Gramin Bank 11.16 88.76% 0.70% 10.54% 3.51%
49 ESAF Small Finance Bank Ltd. 10.73 99.17% 0.11% 0.72% 0.21%
50 Andhra Pragathi Grameena Bank 9.12 97.42% 0.68% 1.90% 0.05%

Glossary

  • Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account etc. Or due to other business reasons such as exceeding per transaction limit, exceeding permitted count of transactions per day, exceeding amount limit for the day etc. Such declined transactions are termed as Business Decline. Any decline which is not because of a technical reason of the bank or NPCI is termed as business Decline.
  • Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
  • The Debit Reversal Success percentage indicates the % of total cases, where a customer account may be debited and their bank is unable to confirm instantly about the status of reversal of such a debit. When reversal/credit is not processed instantly, it is processed manually by the bank as per the extant RBI guidelines.
  • Deemed Approved (Pending Credit Confirmation for UPI remittance transactions) - Deemed Approved percentage indicates the total percentage of cases of the total transactions, where credit confirmations are not received online from the beneficiary banks for the credit. If the beneficiary account is not credited online, transaction would be manually processed by the beneficiary bank as per the extant RBI guidelines.
  • Remitter - The account holder who is sending the money
  • Beneficiary - The account holder who is receiving money
  • Remitter Bank - The bank of the account holder who is sending the money
  • Beneficiary Bank - The bank of the account holder who is receiving money
UPI Apps (Mar'24)
UPI Apps (Mar'24)
Sr.No. Application Name Customer Initiated Transactions B2C Transactions B2B Transactions On-us Transactions Total
Volume (Mn) Value (Cr) Volume (Mn) Value (Cr) Volume (Mn) Value (Cr) Volume (Mn) Value (Cr) Volume (Mn) Value (Cr)
1 PhonePe 6,502.15 10,02,387.84 0 0 0 0 0 0 6,502.15 10,02,387.84
2 Google Pay 5,061.18 6,95,196.05 0 0 0 0 0 0 5,061.18 6,95,196.05
3 Paytm 1,210.64 1,33,707.06 0 0.01 0 0 19.4 699.77 1,230.04 1,34,406.85
4 Cred 132.31 44,991.57 0 0 0 0 0 0 132.31 44,991.57
5 Axis Bank Apps 13.59 3,044.92 81 4,389.01 0.01 1.99 0 0 94.6 7,435.92
6 Amazon Pay 65.35 6772.89 0 0 0 0 0 0 65.35 6,772.89
7 ICICI Bank Apps 33.54 14,491.28 4.54 397.58 7.9 11,608.08 0 0 45.98 26,496.95
8 Fampay 43.69 528.01 0 0 0 0 0 0 43.69 528.01
9 Kotak Mahindra Bank Apps 39.14 5,763.37 0 0 0 0 0 0 39.14 5,763.37
10 HDFC Bank Apps 33.07 7,289.09 1.95 3.72 0.01 0.26 0 0 35.03 7,293.07
11 WhatsApp 31.21 2,536.99 0 0 0 0 0 0 31.21 2,536.99
12 BHIM 30.04 8,339.37 0 0 0 0 0 0 30.04 8,339.37
13 Yes Bank Apps 24.13 13,833.30 0 0 0.32 35.8 0 0 24.45 13,869.10
14 Airtel Payments Bank Apps 15.64 1,162.62 0 0 0 0.2 0.37 44.2 16.01 1,207.02
15 Bajaj Finserv 15.81 2,803.20 0 0 0 0 0 0 15.81 2,803.20
16 Mobikwik 8.27 2,190.01 0 0 0 0 0 0 8.27 2,190.01
17 India Post Payments Bank Apps 6.82 851.01 0 0 0 0 0 0 6.82 851.01
18 Groww 6.72 3,539.14 0 0 0 0 0 0 6.72 3,539.14
19 State Bank of India Apps 6.59 2,394.79 0 0 0.04 1.08 0 0 6.63 2,395.88
20 IDFC Bank Apps 6.41 1,581.28 0 0 0 0 0 0 6.41 1,581.28
21 Samsung Pay 6.24 530.8 0 0 0 0 0 0 6.24 530.8
22 Jupiter 5.57 709.07 0 0 0 0 0 0 5.57 709.07
23 Flipkart 5 197.24 0 0 0 0 0 0 5 197.24
24 Deutsche Bank Apps 3.3 453.57 0 0 0 0.02 0 0 3.3 453.59
25 Federal Bank Apps 6.11 806.45 0 0 0 0.01 0 0 6.11 806.46
26 Canara Bank Apps 3.1 798.84 0 0 0 0 0 0 3.1 798.84
27 Navi 3 94.29 0 0 0 0 0 0 3 94.29
28 Slice 5.22 538.12 0 0 0 0 0 0 5.22 538.12
29 Jio Payments Bank Apps 1.87 161.87 0 0 0 0 0 0 1.87 161.87
30 Indian Bank Apps 1.85 340.92 0 0 0.01 43.86 0 0 1.86 384.79
31 RBL Bank Apps 1.56 366.34 0 0.02 0.27 99.89 0 0 1.83 466.25
32 Punjab National Bank Apps 1.67 411.13 0 0 0 0 0 0 1.67 411.13
33 Timepay 1.37 18.5 0 0 0 0.02 0 0 1.37 18.52
34 Union Bank Apps 1.35 517.15 0 0 0 0.01 0 0 1.35 517.16
35 Omnicard 1.29 44.84 0 0 0 0 0 0 1.29 44.84
36 Bank of Baroda Apps 0.95 419.08 0 0 0 7.73 0 0 0.95 426.81
37 Central Bank of India Apps 0.86 195.46 0 0 0 0 0 0 0.86 195.46
38 AU Small Finance Bank Apps 0.78 279.91 0 0 0 0 0 0 0.78 279.91
39 Gokiwi 0.7 100.1 0 0 0 0 0 0 0.7 100.1
40 DBS Digibank Apps 0.51 202.89 0 0 0 0.29 0 0 0.51 203.18
41 Shriram One 0.48 38.71 0 0 0 0 0 0 0.48 38.71
42 South Indian Bank Apps 0.4 120.88 0 0 0 0 0 0 0.4 120.88
43 Fino Payments bank Apps 0.39 50.97 0 0 0 0 0 0 0.39 50.97
44 IndusInd Bank Apps 0.33 58.42 0 0 0 0.12 0 0 0.33 58.53
45 HSBC Bank Apps 0.31 138.16 0 0.06 0 0 0 0 0.31 138.22
46 TataNeu 0.25 25.46 0 0 0 0 0 0 0.25 25.46
47 Bank of India Apps 0.2 78.81 0 0 0 0 0 0 0.2 78.81
48 Standard Chartered Bank Apps 0.19 115.77 0 0 0 1.11 0 0 0.19 116.88
49 Dhani 0.19 5.98 0 0 0 0 0 0 0.19 5.98
50 UCO Bank Apps 0.18 56.32 0 0 0 0 0 0 0.18 56.32
51 Karnataka Bank Apps 0.16 25.58 0 0 0 0 0 0 0.16 25.58
52 Jupiter Edge 0.14 32.22 0 0 0 0 0 0 0.14 32.22
53 Digikhata 0.13 48.01 0 0 0 0 0 0 0.13 48.01
54 Indian Overseas Bank Apps 0.11 30.44 0 0 0 0 0 0 0.11 30.44
55 Tamilnad Mercantile Bank Apps 0.1 28.72 0 0 0 0 0 0 0.1 28.72
56 Ultracash 0.09 6.57 0 0 0 0 0 0 0.09 6.57
57 Citi Bank Apps 0.09 66.7 0 0 0 0.01 0 0 0.09 66.71
58 City Union Bank Apps 0.08 26.73 0 0 0 0 0 0 0.08 26.73
59 NSDL Payments Bank Apps 0.07 10.57 0 0 0 0 0 0 0.07 10.57
60 Bank of Maharashtra Apps 0.05 11.6 0 0 0 0.07 0 0 0.05 11.67
61 Karur Vysya Bank Apps 0.05 17.68 0 0 0 0 0 0 0.05 17.68
62 Equitas Small Finance Bank Apps 0.04 26.62 0 0 0 0 0 0 0.04 26.62
63 MakeMyTrip 0.03 18.75 0 0 0 0 0 0 0.03 18.75
64 Go Niyo 0.03 12.86 0 0 0 0 0 0 0.03 12.86
65 Allahabad Bank Apps 0.03 6.32 0 0 0 0 0 0 0.03 6.32
66 Other Apps 1.07 109.12 0 0 0.14 3.94 0 0 1.21 113.06

Note:-

  • App volume in table is basis the Payer App logic, i.e the financial transaction is attributed to the PSP in UPI on the Payer’s side.
  • All B2C (Business to Customer) & B2B (Business to Business) transactions is attributed to respective PSP .
  • From January 2021 onwards, ‘On-us Transactions’ in UPI that are not processed and settled through the UPI Central System is shown under ‘On-us Transactions’ column.
  • Apps which has volume less than 10,000 is included under ‘Other Apps’.
  • BHIM Volume is inclusive of *99# volume.
  • WhatsApp*: Maximum registered user base of hundred (100) million in UPI
UPI P2P and P2M Transactions
UPI P2P and P2M Transactions
Month Total P2P P2M
Volume (Mn) Value (Cr) Volume (Mn) Value (Cr) Volume (Mn) Value (Cr)
Mar'24 13,440.00 19,78,353.23 5,144.03 14,60,125.24 8,295.97 5,18,227.99

Glossary

  • P2P - P2P transactions are payments done by person to a person i.e. Peer to Peer Payments.
  • P2M - P2M transactions are payments done by person to a merchant i.e. Peer to Merchant Payments
UPI Payer PSP Performance
UPI Payer PSP Performance (Mar'24)
Sr. No. Payer PSP Total Volume (In Mn) Approved % BD % TD %
1 YES BANK LTD 3895.71 93.70% 6.18% 0.13%
2 AXIS BANK LTD. 3723.05 94.37% 5.48% 0.15%
3 ICICI BANK 2690.47 94.21% 5.65% 0.14%
4 PAYTM PAYMENTS BANK 1321.44 91.61% 8.26% 0.13%
5 STATE BANK OF INDIA 1255.46 95.77% 4.15% 0.08%
6 HDFC BANK LTD 1196.05 95.43% 4.45% 0.12%
7 TRI O TECH SOLUTIONS PRIVATE LIMITED 43.69 100.00% 0.00% 0.00%
8 KOTAK MAHINDRA BANK 39.38 100.00% 0.00% 0.00%
9 BHIM 32.08 93.66% 6.17% 0.17%
10 AIRTEL PAYMENTS BANK 16.43 95.22% 4.72% 0.06%
11 INDIA POST PAYMENT BANK 6.82 99.97% 0.03% 0.00%
12 IDFC First Bank 6.80 99.19% 0.81% 0.01%
13 RBL Bank 5.70 95.02% 4.84% 0.14%
14 CANARA BANK 3.43 95.23% 4.45% 0.33%
15 DEUTSCHE BANK CORP 3.28 100.00% 0.00% 0.00%
UPI Payee PSP Performance (Mar'24)
Sr. No. Payee PSP Total Volume (In Mn) Approved % BD % TD %
1 YES BANK LTD 4802.48 93.60% 6.27% 0.13%
2 PAYTM PAYMENTS BANK 2881.30 94.85% 5.03% 0.12%
3 AXIS BANK LTD. 2152.41 94.29% 5.56% 0.15%
4 ICICI BANK 1513.39 93.75% 6.11% 0.14%
5 STATE BANK OF INDIA 820.84 94.10% 5.78% 0.12%
6 HDFC BANK LTD 748.87 95.06% 4.83% 0.11%
7 FEDERAL BANK 299.60 96.81% 3.07% 0.12%
8 JUSPAY TECHNOLOGIES PVT LTD 222.05 95.89% 3.99% 0.12%
9 INDUSIND BANK 72.39 95.12% 4.75% 0.12%
10 AIRTEL PAYMENTS BANK 48.95 93.83% 6.04% 0.13%
11 RBL Bank 45.77 92.34% 7.42% 0.24%
12 COSMOS BANK 44.71 90.54% 9.29% 0.17%
13 KOTAK MAHINDRA BANK 44.60 94.79% 4.94% 0.26%
14 INDIAN BANK 40.25 92.21% 7.62% 0.17%
15 CANARA BANK 40.20 96.50% 3.40% 0.10%

Glossary

  • Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account etc. Or due to other business reasons such as exceeding per transaction limit, exceeding permitted count of transactions per day, exceeding amount limit for the day etc. Such declined transactions are termed as Business Decline. Any decline which is not because of a technical reason of the bank or NPCI is termed as business Decline.
  • Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
  • PSP - Payment Service Provider
  • Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
  • Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.
UPI Merchant Category Classification - Mar 24
UPI Merchant Category-wise Classification - Mar'24
Type MCC Description
High Transacting Categories 5411 Groceries and supermarkets
5814 Fast food restaurants
5812 Eating places and restaurants
4814 Telecommunication services, including local and long distance calls, credit cardcalls, calls through use of magnetic stripe reading telephones and faxes
5541 Service stations (with or without ancillary services)
5816 Digital Goods: Games
5311 Department stores
5912 Drug stores and pharmacies
5462 Bakeries
4900 Utilities electric, gas, water and sanitary
Medium Transacting Categories 5451 Dairies
7322 Debt collection agencies
5813 Drinking places (alcoholic beverages) bars, taverns, night-clubs, cocktail lounges and discothques
5441 Candy, nut and confectionery shops
7622 Electronics repair shops
5422 Freezer and locker meat provisioners
5921 Package shops beer, wine and liquor
5993 Cigar shops and stands
5137 Mens, womens and childrens uniforms and commercial clothing
5732 Electronics shops
All Other Categories 5399 Miscellaneous general merchandise
7230 Beauty and barber shops
6012 Financial institutions merchandise and services
9399 Government services not elsewhere classified
4112 Passenger railways
6211 Securities brokers and dealers
5331 Variety stores
5691 Mens and womens clothing shops
4812 Telecommunication equipment and telephone sales
Others

Glossary

  • Category classification is made in terms of Approved UPI transaction Volume.
  • High Transacting Categories: Top 10 MCCs
  • Medium Transacting Categories: Next 10 MCCs
  • All Other Categories: Next 9 MCCs along with all other MCCs clubbed under 'Others'
  • MCC Description is with reference to ISO 18245:2003 standard