UPI Transaction Limits Crossed 10 Lakh Crore In June 2022 Online Money Transfer

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UPI Transaction Limits Crossed 10 Lakh Crore In June 2022 Online Money Transfer

UPI Transaction: Nowadays the number of online transactions is increasing every day. UPI-based digital payments remained above Rs 10 lakh crore in June for the second consecutive month. According to the data released on Friday by the National Payments Corporation of India (NPCI), although it is about three percent less than the previous month.

Transactions increased through BHIM UPI
According to the data, UPI based digital payments stood at Rs 10,14,384 crore in June 2022. This is 2.6 percent less than the previous month. Overall, there were 5.86 billion UPI based transactions during the month.

How many transactions happened in May?
In May, payments worth Rs 10,41,506 crore were made through a total of 5.95 billion transactions. At the same time, in April, payments worth Rs 9,83,302 crore have been done through 5.58 billion transactions based on UPI.

The use of UPI is increasing rapidly
In the last few years, the use of UPI has increased very rapidly. Through UPI, you can transfer money from one bank account to another bank account in real time. Nowadays people can easily make UPI payment through various apps like Google Pay, PhonePe, Bharat Pay, Paytm etc.

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