UPI Transactions

Transactions through the popular Unified Payments Interface (UPI) touched a record Rs 28.33 lakh crore and 21.70 billion in value and volume terms, respectively, in January, according to data released by the National Payments Corporation of India (NPCI). NPCI said the value of transactions was at Rs 27.97 lakh crore in December. On a month-on-month basis, the growth was 21 per cent in value terms. The average daily transaction in January was 700 million with an average value of Rs 91,4033 crore. Worldline CEO Ramesh Narasimhan said, "UPI's growth momentum continues to strengthen. In January 2026 alone, Indians made 21.7 billion UPI transactions worth Rs 28.33 lakh crore -- an increase over December and a solid 28 per cent growth year-on-year.

Paytm CEO Vijay Shekhar Sharma says company aims to reduce concentration risk in UPI through technology-led growth as its market share by volume and value rises

While the RBI mandates compensation for technical failures, recovering funds sent to a wrong UPI ID remains a manual process dependent on the recipient's consent and swift bank intervention

The survey added that complementary investments in digital capabilities and institutional capacities should be a priority to expand gains from digital payments

Japan will trial India's UPI in 2026, allowing Indian tourists to make QR code payments directly from their Indian bank accounts while travelling

The NPCI-run BHIM Payments App recorded strong growth in CY25, with monthly transactions rising over four-fold, driven by higher adoption, growth in small-ticket payments and rising trust in user

To expand UPI globally, the government and NPCI must create stronger merchant use cases and ensure faster settlement cycles, especially for small overseas businesses, Pay10 founder said

India is trying to expand the global reach of its homegrown digital payment system UPI to a larger number of countries, especially in East Asia, Financial Services Secretary M Nagaraju said on Tuesday. Unified Payment Interface (UPI) is currently accepted in eight countries -- Bhutan, Singapore, Qatar, Mauritius, Nepal, the UAE, Sri Lanka and France. The acceptability of India's digital payment network overseas enables Indian tourists to make UPI payments for transactions abroad. Speaking at the Global Inclusive Finance India Summit here, Nagaraju said India is about 50 per cent in terms of digital transactions thanks to UPI. "Now we have expanded to some countries. We are trying to expand. To a large number of countries, especially we are focussing in East Asia now," he said. The secretary in the Department of Financial Services (DFS) said UPI transactions crossed more than 21 billion in December 2025, and the success of UPI and digital transactions could also be attributed to ...

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The value of digital gold investments fell sharply in November after Sebi's caution, though transaction volumes rose slightly, signaling small-ticket buying continues

India is talking to about eight countries, including those in East Asia, to make UPI payments acceptable, Financial Services Secretary M Nagaraju said on Friday. Unified Payment Interface (UPI) is currently accepted in eight countries -- Bhutan, Singapore, Qatar, Mauritius, Nepal, UAE, Sri Lanka and France. Acceptability of India's digital payment network overseas enables Indian tourists to make UPI payments for transactions abroad. "We are now talking to about 7-8 countries, including many in East Asia, to have UPI transactions," Nagaraju said at a conference on Harnessing AI and digital public infrastructure for Viksit Bharat. Nagaraju also said that India is including a track on UPI in some of the trade negotiations with countries. "Some of the trade negotiations we are doing with some of the countries now, we are trying to have a track on UPI so that the fintech industry which is deeply involved in UPI also have a foot in the financial sector where we have the cost, scale ...

NPCI International and ACLEDA Bank have partnered to enable UPI and KHQR acceptance in India and Cambodia, offering tourists secure, interoperable and seamless QR-based payments

Compared to November 2024, the month witnessed a 32 per cent rise in volume and 22 per cent in value

Rajiv Naresh, MD and CEO, Navi, says the fintech aims to capture a significant share of the UPI ecosystem by investing in credit line products, strengthening tech infra, and customer awareness

BHIM has enabled full delegated payments under UPI Circle, allowing primary users to authorise trusted secondary contacts to make payments of up to ₹15,000 a month

Paytm logged 1.52 billion UPI transactions in October - its strongest in 20 months - yet its market share stayed below early 2024 levels as overall UPI volumes surged across the ecosystem

India plans to expand UPI to 7-8 more countries by next year as DFS says the goal is to prioritise Middle East and East Asia, even as banking health strengthens and insurance remains a key focus