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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.
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 ...
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 ...