For the second consecutive month, UPI-enabled digital transaction volume exceeded Rs 10 lakh crore in June, according to NPCI data released on Friday. However, compared to the prior month, it had decreased by almost 3%. According to data from the National Payments Corporation of India (NPCI), the transaction value for BHIM UPI digital payments in June 2022 was Rs 10,14,384 crore, down 2.6% from the previous month.
A total of 5.86 billion transactions were corresponded to by the UPI-led payments made during the month. In May 2022, there were 5.95 billion transactions worth Rs 10,41,506 crore in UPI transactions. With a total of 5.58 billion transactions in April, UPI transactions totaled Rs 9,83,302 crore.