GST 2.0 ‘Tap’ Dance: ePayments Leap 10x to Rs 11.3Lcr

GST 2.0 ‘Tap’ Dance: ePayments Leap 10x to Rs 11.3Lcr

  • September 25, 2025
  • 0

A scintillating start to the 10-day Navratri web commerce sales and the biggest cuts to date in GST on big-ticket consumer items led to an unprecedented surge in digital transactions on the first day of the new tax regime.

With a very respectable follow-through on the next day, optimism is likely to sustain. Reserve Bank of India (RBI) data showed that on Monday, total value of transactions across-e-payment platforms soared to Rs 11.31 lakh crore- a near-ten-fold surge from Rs 1.18 lakh crore recorded the previous day.

Bhutan Tuff GIF

  21 SEPT 22 SEPT 23 SEPT
NEFT 21,224 160,000 140,000
UPI 60,321 82,477 81,648
IMPS 10,520 20,241 20,114
CREDIT CARD 2,620 12,945 8,922
DEBIT CARD 647 1,690 1,360

Value Rs Cr

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