UPI transactions soar to record of Rs 29.9 lakh crores in May

Unified Payments Interface transactions reached record highs in May. Summer travel and the IPL fueled this surge. Value and volume of transactions saw significant growth. This indicates strong organic demand and a maturing digital payment ecosystem. Future growth is expected from credit-on-UPI and cross-border transactions.

Raccontata danewsbytesapp.comthehindubusinessline.comeconomictimes.indiatimes.comthehindu.comtimesofindia.indiatimes.com