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UPI Transactions Jump 4.4% MoM In May, Touch All-Time High at 18.68 Bn

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SUMMARY

UPI transactions grew 4.4% in May from 17.89 Bn in April and 33% in the year-ago month

UPI transactions in May accounted for INR 25.14 Lakh Cr, up 5% from INR 23.95 Lakh Cr in April

The average daily transaction count rose to 602 Mn in the month under review as against 596 Mn in April

The Unified Payments Interface (UPI) transaction count grew 4.4% to 18.68 Bn in May from 17.89 Bn in April, touching a fresh all-time high. On a year-on-year basis, the number of…

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