UPI Value Dips to Rs 28.9 Lakh Crore in June, But Daily Average Hits Record 757 Million
UPI transaction value moderated from May's record Rs 29.9 lakh crore to Rs 28.9 lakh crore in June, with volume at 22.72 billion versus 23.2 billion prior. Despite the monthly dip, daily average transactions reached an all-time high of 757 million and YoY growth held at 20%, reinforcing UPI as the default merchant payment rail across India and 8+ countries.
UPI transaction value moderated to Rs 28.9 lakh crore in June from record Rs 29.9 lakh crore, with volume at 22.72 billion. Daily average of 757 million was highest ever, cementing UPI as default merchant payment rail.
Why this matters
June's dip follows May's record Rs 29.9 lakh crore high, yet daily averages hit 757 million and NPCI-HSBC real-time FX settlement expands UPI's global reach across 9 markets, reinforcing its default rail status.
Omni-channel remains steady with 589 signals logged over the past 90 days.