In May, UPI processed close to 6 billion transactions totaling Rs 10 trillion.

Unified Payments Interface (UPI), India’s leading digital payment network, has handled transactions totaling more than Rs 10 trillion in May, setting a new milestone since the platform’s debut in 2016.  Even the platform’s 5.95 billion handled transactions in May set a record high for the payments platform. Despite a high base, the number of transactions increased by 6.63% and their value increased by 5.91% month over month.