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UPI hits record high transactions worth ₹9.83 lakh crore in April
short by Ananya Goyal / on Monday, 2 May, 2022
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.
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