UPI transaction value touches Rs 10.73 lakh crore in August 2022

The value of UPI transactions during August this year relates to a total of 6.57 billion transactions, up from 6.28 billion in the preceding month, as per the data released by the National Payments Corporation of India

|Sep 01, 2022, 14:34:06 IST

New Delhi: Digital payment transactions value through UPI (Unified Payments Interface) rose to Rs. 10.73 lakh crore in August this year, up marginally from the previous month, as per the data released by the National Payments Corporation of India (NPCI) on Thursday.

In July 2022, the UPI-based digital transaction value stood at Rs. 10.63 lakh crore.

The value of UPI transactions during August this year relates to a total of 6.57 billion (657 crore) transactions, up from 6.28 billion (628 crore) in the preceding month.

In June, there were 5.86 billion transactions, valued at worth Rs. 10.14 lakh crore.

Of the other data sets on the NCPI framework, the instant transfer-based IMPS clocked transactions worth Rs. 4.46 lakh crore in August, relating to a total of 46.69 crore transactions.

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