UPI hits record ₹29.9 lakh crore in July as merchant digital payments scale
NPCI said UPI processed 23.66 billion transactions worth ₹29.88 lakh crore in July 2026, with transaction value rising 19% year on year. The milestone reinforces UPI’s growing role in everyday retail and merchant purchases.
NPCI said UPI processed a record 23.66 billion transactions worth ₹29.88 lakh crore in July 2026, with transaction value up 19% year-on-year, underscoring the payment rail’s growing importance for Indian merchant purchases.
Why this matters
No related recent signals were provided. July 2026 data shows NPCI UPI’s payment value and transaction volume continuing to expand across everyday retail and merchant purchases.
Omni-channel is accelerating, up 190800% QoQ.