UPI transactions hit a new high in July
Such transactions were worth ₹2.90 trillion compared with ₹2.61 trillion in June and ₹1.46 trillion a year ago
As of July, 164 banks are live on UPI against 155 in June
NEW DELHI: Unified Payments Interface (UPI)-based payments grew 12% sequentially, clocking 1.49 billion transactions in July and hitting yet another high since its launch four years ago, data released by National Payments Corp. of India (NPCI). As many as 822 million transactions were clocked in July, 2019.