UPI hits record high transactions worth ₹9.83 lakh crore in April

Unified Payments Interface (UPI) recorded 5.58 billion transactions in April 2022, a new all-time high for the payments platform since its launch in 2016, NPCI data revealed. In value terms, UPI saw transactions worth ₹9.83 lakh crore in April. This is a 3.3% jump in volume of transactions from March 2022 and a rise of 111% on a year-on-year basis.