New Delhi, June 1: The scope of digital payments in India continues to expand, with the Unified Payments Interface (UPI) once again demonstrating its stronghold. According to the latest data released by the National Payments Corporation of India (NPCI), UPI recorded a total of 23.20 billion transactions in May 2026, marking a 24% increase compared to the same period last year.
NPCI announced via a post on social media platform X that the total transaction value through UPI during May 2026 reached ₹29.90 lakh crore, which is 19% higher than the previous year. This indicates that not only is the number of UPI transactions on the rise, but larger value transactions are also increasingly being conducted through digital means.
According to NPCI data, an average of 748 million transactions occurred daily in May. Additionally, an average payment of ₹96,465 crore was processed through the UPI platform each day. This highlights that UPI has become an essential part of daily financial activities for the general public.
In April 2026, UPI recorded 22.35 billion transactions, which increased to 23.20 billion in May. Similarly, the total transaction amount rose from ₹29.03 lakh crore in April to ₹29.90 lakh crore in May.
In April 2026, an average of 745 million daily transactions and ₹96,766 crore in daily transactions were recorded. While the number of transactions increased in May, the daily transaction amount remained relatively stable.
In March 2026, UPI transactions numbered 22.64 billion, with a total transaction value of ₹29.53 lakh crore. The consistent increase in transaction volume in both April and May reflects the growing acceptance of digital payment systems in India.
The steadily rising popularity of UPI indicates that India is rapidly moving towards a cashless and digital economy. Due to its ease, security, and quick payment features, UPI has become the preferred choice for everyone, from small vendors to large businesses and everyday consumers. The May 2026 figures are proof that India is continually setting new records in the digital payment sector, with UPI emerging as its strongest force.
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