UPI hits record 23.2 bn transactions in May 2026, daily run-rate crosses ₹84,000 cr

UPI processed 23.2 billion transactions worth ₹29.9 lakh crore in May 2026, averaging 73.77 crore transactions and ₹84,423 crore per day. The rail dwarfs IMPS (35.81 crore) and signals a strong FY27 start for India's digital payments backbone — a tailwind for retail checkout, QR-led kirana commerce and omni-channel reconciliation.

— Filed Tue, 2 Jun, 2026, 17:29 IST · Source Business Today · Latest · Updated

UPI hit a record 23.2 billion transactions worth Rs 29.9 lakh crore in May 2026, averaging 73.77 crore daily transactions and Rs 84,423 crore per day, far ahead of IMPS, signaling strong FY27 start for India's digital payments.