Digital payments service USSD transactions between January 1-18 double December’s value at Rs 20.99 cr

The value of transactions made through the Unstructured Supplementary Service Data (USSD) route between January 1 and 18 was more than double the aggregate value transacted in the whole of December, according to data released by the Reserve Bank of India (RBI).

At R20.99 crore, the amount for the first 18 days of January was more than double of the R10.37 crore worth of transactions carried out through the USSD route in December. A total of 1.02 lakh USSD transactions were made between January 1 and 18, against 1,02,300 transactions made through the whole of December.

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