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UPI processed 22.72 billion transactions worth ₹28.9 lakh crore in June — a 2% dip from May's record ₹29.9 lakh crore, but the daily average tells a sharper story. At 757 million transactions per day, June hit the highest daily average since UPI's launch. "These daily averages tell a very interesting story of how UPI has become the default mode of payment for low-value transactions," noted Reeju Datta, co-founder of Cashfree Payments. On the same day, **NPCI partnered with...
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