UPI Transactions Jump 3.95% MoM In July

SUMMARY

The UPI transactions rose 3.95% month-on-month to 14.44 Bn in July from 13.89 Bn in the previous month

On a year-on-year (YoY) basis, the transaction count surged 49%

The UPI transaction volume in July stood at INR 20.64 Lakh Cr, 2.8 % higher than June’s INR 20.07 Lakh Cr

The Unified Payments Interface (UPI) transactions rose 3.95% month-on-month (MoM) to 14.44 Bn in July from 13.89 Bn in the previous month.

On a year-on-year (YoY) basis, the transaction count surged 49%.

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