50 billion turnover from corporate pay in May

The corporate pay system has cleared transactions of more than 50 billion rupees in the month of May of the current financial year. This is the highest monthly transaction amount since January 2077 when it was started.

In the last financial year, a total of 109.5 billion rupees worth of payment transactions were completed in corporate payments, and up to the end of May of the current financial year, more than 421 billion rupees of payment transactions have been completed.

According to the company, as small and medium business and various institutional customers of banks/financial institutions can easily make digital payments through corporate pay, the number of transactions has increased by two times.

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