UPI-based payment transactions slow down in May2 min read . Updated: 03 Jun 2019, 11:32 AM IST
- During March, transactions hit a record high of 799.54 million worth ₹1.33 lakh crore
- Currently, 143 banks are live on UPI, down from 144 in April
After hitting a record high in March, payment transactions via Unified Payments Interface (UPI) declined second time in a row in May. Last month, as many as 733.54 million transactions were clocked across its various platforms, down 6% from April, according to data from National Payments Corp. of India.
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