India’s UPI transactions reached record highs in May, with 23.2 billion transactions valued at Rs 29.90 lakh crore. This growth, driven by summer travel and seasonal spending, signifies a healthy upward trajectory for the digital payments ecosystem. Future expansion is anticipated through Credit-on-UPI and cross-border initiatives. India’s UPI transactions reached record highs in May, with 23.2 billion transactions valued at Rs 29.90 lakh crore. This growth, driven by summer travel and seasonal spending, signifies a healthy upward trajectory for the digital payments ecosystem. Future expansion is anticipated through Credit-on-UPI and cross-border initiatives.
