India's Unified Payments Interface (UPI) platform has achieved a new milestone, recording its highest-ever monthly transaction value at Rs 29.88 lakh crore.
Alongside the record transaction value, transaction volumes also reached unprecedented highs during the month of July, with the platform successfully processing billions of transactions to surpass all previous records.
This continued expansion highlights the rapid adoption and sustained growth of digital transactions, further strengthening India's overall digital payment ecosystem.
In-depth summary · AI, neutral