SynopsisIndia's UPI saw a slight dip in June's transaction volume and value compared to May's record, processing 22.72 billion transactions worth Rs 28.92 lakh crore. This moderation is attributed to June having fewer days. However, daily transaction averages hit an all-time high, and year-on-year growth remains strong, showcasing continued expansion in merchant and consumer adoption.India's Unified Payments Interface (UPI) processed 22.72 billion transactions worth Rs 28.92 lakh crore in June, marking a marginal decline from May's record-high volumes, even as average daily transactions climbed to an all-time high.According to data released by the National Payments Corporation of India (NPCI), UPI transaction volumes slipped 2.1% in June from 23.2 billion in May, while the total value of transactions declined 3.3% month onNow Playing
UPI volume eases 2.1% in June to 22.72 billion from May peak - The Economic Times
India's UPI saw a slight dip in June's transaction volume and value compared to May's record, processing 22.72 billion transactions worth Rs 28.92 lakh crore. This moderation is attributed to June having fewer days. However, daily transaction averages hit an all-time high, and year-on-year growth remains strong, showcasing continued expansion in merchant and consumer adoption.
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