Friday, 24 March, 2023

UPI Boost as transactions double to ₹6.06 lakh cr in July

<p>Transactions made using the Unified Payments Interface more than doubled in value in the last year, outstripping Card Payments which increased by 42%. UPI Transactions went from ₹2.91 lakh crore a year ago, to ₹6.06 lakh crore in July, breaking even June&#39;s record high of ₹5.47 lakh crore. With customers using UPI for even the basic transactions in retail stores, payments saw a 109% increase.<br /> &nbsp;</p> <p>&nbsp;</p>