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UPI sets new record in June: Processes 1.34 Billion transactions worth Rs 2.6 Tn

Shortpedia

Content Team
Image Credit: shortpedia

Most sectors have been grappling to regain their lost business. But the digital payments sector has bounced back in very little time. Data released by NPCI for June shows it was UPI’s best-ever month in terms of volume and value, setting a new record with 1.34 billion transactions worth Rs 261,835 crore or Rs 2.61 trillion. This is a new milestone for the NPCI-regulated entity since its inception in 2016.