Transactions through UPI cross record 6 billion


Transactions through UPI crossed the record 6 billion mark in July. During this period, a total of Rs 10.63 lakh crore worth of UPI transactions took place in terms of value. Prime Minister Narendra Modi on Tuesday described the record transactions through UPI in July as a remarkable achievement. This has been achieved through the collective resolve of the people to adopt new technologies and make the economy clean. Digital payments have been especially helpful during the pandemic. Narendra Modi said this in response to the tweet of Finance Minister Nirmala Sitharaman. Sitharaman wrote on Twitter, “Record more than 6 billion transactions were done through UPI in July this year. This is the highest figure since 2016.