UPI transactions in June rise 30% to 246 million
The monthly transactions through the Unified Payments Interface (UPI) jumped to 246.37 million in June, a 30% increase from 189.5 million transactions in May. The value of the transactions recorded a 22.6% growth at about â¹40,834 crore. UPI is a payments system launched by NPCI that facilitates instant fund transfer without requiring any detail of the beneficiary's bank account.