Monthly UPI transactions cross 200 million mark in June: NPCI data

Monthly UPI transactions cross 200 million mark in June: NPCI data

Monthly transactions through the unified payments interface (UPI) jumped by 30% in June to cross the 200 million mark for the first time, show data released on Monday by the National Payments Corporation of India. Under the UPI, 246.37 million transactions amounting to Rs 40,834.03 crore were carried out during the month, as against the 189.5 million transactions worth Rs 33,289 crore in May. The highest single day volume of transactions was recorded on 20 June with more than 10 million transactions on the platform. Till now, there have been more than 29 million downloads of the BHIM app on the Android platform and around 1.47 million downloads on the iOS platform. In the last one year, the monthly UPI transaction volume has risen around 2,000%, NPCI data showed.

Read More at Livemint News date : 3 Jul 2018, Tuesday

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