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UPI numbers hit all-time high in May, cross ₹25 trn for the first time
The previous record was in March 2025, when it clocked 18.3 billion in volume and ₹24.77 trillion in value
UPI: How the 'Panga' lost track in ending the monopoly of global giants
Experts say UPI may not have favoured foreign players, but some believe it has not protected the Indian ecosystem it was supposed to