UPI payments fall by 2.5% to INR 10.14 lakh crore in June 2022

&NewLine;<p>The RBI guidelines and the global economic scenario have had little impact on UPI <a href&equals;"https&colon;&sol;&sol;softwaremania&period;in&sol;uncategorized&sol;paytms-vijay-shekhar-sharma-calls-out-google-app-store-fees&sol;" title&equals;"Loans Lendinkart">payments&period;<&sol;a> NPCI processed 586 Cr transactions worth INR 10&period;14 Lakh Cr in June 2022 alone&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p> <img class&equals;"wp-image-252924" style&equals;"width&colon; 330px&semi;" src&equals;"https&colon;&sol;&sol;softwaremania&period;in&sol;wp-content&sol;uploads&sol;2022&sol;07&sol;upi-payment-softwaremania&period;png" alt&equals;""><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>While June numbers were down slightly from May 2022&comma; the payment processing tech platform is making waves around the world and across policies&period; For example&comma; in June 2022&comma; NPCI International signed an agreement with Lyra Network of France to accept UPI and RuPay Cards in the country&period; NPCI International has previously collaborated with <a href&equals;"http&colon;&sol;&sol;www&period;neolite&period;in">institutions<&sol;a> in Nepal&comma; the United Arab Emirates&comma; Japan&comma; and China&comma; in addition to France&period; The RBI has now stated that the NPCI will work to establish UPI as a channel for cross-border remittances&period; In June 2022&comma; the RBI also announced that users would be able to link their credit cards to UPI&comma; beginning with RuPay cards&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><&sol;p>&NewLine;