Groceries, supermarkets lead UPI merchant payments in July; debt collection tops by value

Groceries and supermarkets emerged as the top category by transaction volume on the Unified Payments Interface (UPI) in July, clocking 3.03 billion transactions worth Rs 64,882 crore, according to merchant category classification data from the National Payments Corporation of India (NPCI).

This was followed by fast-food restaurants and eating places.

By value, debt collection agencies led the list, collecting Rs 93,857 crore through 161 million transactions.

Fast-food restaurants recorded 1.2 billion transactions worth Rs 13,794.2 crore, while eating…