The National Payments Corporation of India (NPCI) reported that UPI transaction volume and value saw a slight dip in June. Transactions dropped to 18.40 billion (from 18.68 billion in May), while total transaction value fell to ₹24.04 lakh crore (from ₹25.14 lakh crore in May) . Despite the monthly decline, compared to June last year, volumes are up ~32% and transaction value ~20%. The average daily volume stood at around 613 million, with a daily value of about ₹80,131 crore .

At the same time, other payment channels also saw reductions: IMPS transactions dropped from 105 million to 97 million, and FASTag volumes declined from 404 million to 386 million .

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