NPCI records around Rs 10,000 cr of credit disbursed through UPI a month

The National Payments Corporation of India (NPCI) is witnessing a surge in the UPI platform’s credit feature, with about Rs 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 Rs 200 crore being disbursed through it every month.