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UPI transactions touch Rs 2.62 lakh crore in June

The number of transactions was recorded at 999 million worth Rs 1.51 lakh crore in April, the first full month after the announcement of the lockdown that halted almost all services, except essentials.

July 03, 2020 / 07:50 PM IST

Unified Payments Interface (UPI) payments in June reached 1.34 billion in terms of volume with transactions worth nearly Rs 2.62 lakh crore, as per National Payments Corp of India (NPCI) data.

The number of transactions was recorded at 999 million worth Rs 1.51 lakh crore in April, the first full month after the announcement of the lockdown that halted almost all services, except essentials.

Online payments slowly gathered pace from May, with staggered opening of the economy.

In May, the number of UPI transactions stood at 1.23 billion valued at Rs 2.13 lakh crore, showed the NPCI data.