The Unified Payments Interface (UPI) transaction volumes rose 23% to over 22 billion in June on a year-on-year basis, while UPI transaction value surged 20% to over 28 lakh crore last month. According to data released today by the National Payments Corporation of India, on an average basis, UPI processed around 757 million transactions daily in June. 

 

UPI is now live in more than eight countries, including the UAE, Singapore, France, Mauritius, and Sri Lanka, strengthening India’s global fintech presence. With Eurobank launching the UPI-based remittance service for cross-border transfers from Greece to India, UPI is now live in Greece since yesterday.