UPI transaction value dips ₹2,500 cr in Aug after real-money gaming ban
Following the Centre's ban on online real-money gaming, UPI transaction values decreased by ₹2,500 crore in August, according to data available with the National Payments Corporation of India (NPCI). The gaming category saw a 25% drop with 271 million transactions worth ₹7,441 crore. According to NPCI data, over 90% of real-money wallet loading happens through UPI.