UPI Transactions See Marginal Dip To 18.40 Bn In June

The Unified Payments Interface (UPI) transactions saw a marginal dip to 18.40 Bn in June from an all-time high of 18.68 Bn in the previous month. On a year-on-year basis, the transactions count jumped 32%.

The transactions count in the month under review is 2.9% higher from 17.89 Bn transactions recorded in the month of April.

As per the data released by the National Payments Corporation Of India (NPCI), the UPI transactions in June accounted for INR 24.04 Lakh Cr, 4.4% decline from INR 25.14 Lakh Cr worth transactions recorded in the previous month.

However, the average daily transaction count jumped to 613 Mn in June, from 602 Mn in May.

Besides, the average daily transaction value stood at INR 80,131 Cr.

(The story will be updated soon.)

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