Monthly UPI volumes fell to 2,270 crore in June from 2,320 crore, a 2.1% decline, while value dropped to Rs 28.9 lakh crore from Rs 29.9 lakh crore, down 3.3%. Year-on-year, volumes grew 23% and value rose 20%, indicating continued expansion despite the sequential moderation. FASTag transactions also declined on a monthly basis. Volumes fell to 36.2 crore from 37.5 crore, a 3.5% drop, while value eased to Rs 7,215 crore from Rs 7,308 crore, down 1.3%.