UPI hits record ₹29.9 lakh cr in May as IPL, summer travel lift retail spend
23.2 billion transactions clocked in May, up 24% YoY in volume and 19% in value. Average ticket size slipped to ₹1,313, signaling deeper merchant penetration into everyday retail. Credit-on-UPI and cross-border acceptance across 7 countries emerge as next growth pools.
23.2 billion transactions clocked in May, up 24% YoY in volume and 19% in value. Average ticket size slipped to ₹1,313, signaling deeper merchant penetration in
Mint · Money · 6/1/2026, 11:22:35 AM · Ask about this →