The Unified Payments Interface (UPI), the real-time digital payment system, continued its dominance, with transactions during the Dhanteras-to-Diwali period rising at a faster pace than any other mode of payment, a Moneycontrol analysis of NPCI data showed.

Average UPI volumes over the three-day period rose to 737 million per day from 568 million in the same period last year, a 30 percent jump in transaction count.

While the total value rose just 2.7 percent, the smaller increase suggests that low-ticket retail and merchant payments now make up a larger share of overall digital transactions.

Scan, Swipe, Click: Cards Keep E-Commerce Strong

Credit cards also logged robust growth, especially online. Credit card e-commerce volumes grew 22 percent year-on-year, even as debit card e-comme

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