India, Aug. 1 -- Unified Payments Interface (UPI) transactions jumped 5.8% to 19.47 Bn in July, touching a new all-time high. On a year-on-year (YoY) basis, the transaction count grew 35%.

In June, the transaction volume saw a dip to 18.40 Bn transactions.

As per National Payments Corporation of India's data, the UPI transactions in July accounted for INR 25.08 Lakh Cr, a 4.3% increase from INR 24.04 Lakh Cr worth transactions recorded in the previous month.

Prior to this, UPI transaction volume touched an all-time high mark in May with 18.68 Bn transactions.

The average daily transaction count rose to 682 Mn in the month under review as against 613 Mn in June. Besides, the average daily transaction amount stood at INR 80,919 Cr in Ju...