In the last financial year, the National Payments Corporation of India (NPCI) processed 24,162 crore UPI transactions, or 90 per cent of total digital transactions in the country. IMPS, CTS cheque clearing and NACH clearance together form 36 per cent of digital transactions by value. According to NPCI data, the ticket size of 86 per cent of UPI transactions is less than Rs 500, which translates to 20,778 crore transactions. Transactions with a ticket size between Rs 500 and Rs 2,000 account for 10 per cent, or 2,416 crore transactions. Reports also suggest that the MDR on UPI will be lower than the fee charged by international payment processing companies.