UPI hits 757M daily average in June as value moderates to Rs 28.9 lakh crore, up 20% YoY
UPI processed 22.72 billion transactions worth Rs 28.9 lakh crore in June, easing from May's record Rs 29.9 lakh crore but posting record daily average of 757 million. Value grew 20% YoY from Rs 24.03 lakh crore, cementing UPI as the default merchant payment rail for Indian retail.
UPI transaction value moderated to Rs 28.9 lakh crore in June (22.7 billion volume) from May's record, up 20% YoY. Daily average of 757 million transactions was highest ever, underscoring UPI as default merchant payment rail for Indian retail.