UPI clocked its biggest month in May, transactions surpass Rs 29.90 lakh crore
The Unified Payments Interface (UPI) in India reached a record high in May, with transaction volumes exceeding Rs 29.90 lakh crore. The report highlights the continued growth and adoption of digital payment systems in the country.
Why it matters
The surge in UPI transactions reflects the rapid digitization of the Indian economy and changing consumer financial habits.
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The article provides factual economic data regarding digital payment growth.
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