UPI hits 2,320 cr transactions worth Rs 29.9L cr in May, value up 19% YoY
India's UPI rails clocked 2,320 crore transactions in May 2026, totaling Rs 29.9 lakh crore — a 24% volume and 19% value jump YoY. Daily run-rate touched 74.8 crore. NETC toll payments added 37.5 crore transactions worth Rs 7,308 crore, reinforcing UPI's grip on retail checkout.
UPI transactions hit 2,320 crore in May 2026 worth Rs 29.9 lakh crore, up 24% in volume and 19% in value YoY, signaling continued digital payments adoption powering Indian retail checkout rails.
Why this matters
May 2026 marks a record month for UPI, with IPL spending and summer travel lifting retail volumes. The 86% share of India's retail payments underscores UPI's entrenched role at checkout.
Omni-channel theme steady with 173 signals in last 90 days.