Credit transactions on UPI reaching Rs 10K cr every month: NPCI chief

Credit transactions on India’s flagship payments platform Unified Payments Interface (UPI) are reaching Rs 10,000 crore each month, of which approximately Rs 100-200 crore is from the “credit line on UPI” facility, while the remainder comes from the RuPay credit card on UPI facility, according to Dilip Asbe, managing director and chief executive officer (MD&CEO) of the National Payments Corporation of India (NPCI).