NPCI records nearly ₹10,000 crore credit disbursed through UPI every month

Mumbai, Aug 6 (PTI) The National Payments Corporation of India (NPCI) is witnessing a surge in the UPI platform’s credit feature, with about ₹10,000 crore of transactions happening a month, a top official said on Tuesday.

A bulk of the transactions is from credit cards feature, the body’s chief executive and managing director Dilip Asbe told reporters here, adding the pre-sanctioned credit lines on UPI are also gaining traction with up to ₹200 crore being disbursed through it every month.