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Home » UPI hits record Rs 29.9 lakh crore in July, 23.66 billion transactions
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UPI hits record Rs 29.9 lakh crore in July, 23.66 billion transactions

Business Circle TeamBy Business Circle TeamAugust 1, 2026Updated:August 1, 2026No Comments2 Mins Read
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UPI hits record Rs 29.9 lakh crore in July, 23.66 billion transactions
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UPI transactions reached a brand new excessive of Rs 29.9 lakh crore in July as revealed by the report from the Nationwide Funds Company of India (NPCI).

UPI transactions achieved a brand new peak in Could 2026.

UPI transactions reached 23.66 billion in quantity throughout July which was greater than Could’s quantity of 23.2 billion and June’s quantity of twenty-two.72 billion.

Based on the statistics shared on Saturday, the worth of UPI transactions in July stood at Rs 29.88 lakh crore whereas the worth of transactions in July final yr stood at Rs 25.08 lakh crore.

Learn Extra: Delhi HC orders winding up of Paytm Funds Financial institution, appoints former SBI official as liquidator

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UPI transactions in June had a quantity of 19.46 billion.

PayNearby MD and CEO Anand Kumar Bajaj mentioned, “UPI continues to strengthen the inspiration of India’s digital funds ecosystem. In July 2026, it processed 23.66 billion transactions price Rs 29.88 lakh crore, reaffirming its function as the popular mode of fee for tens of millions of Indians.”UPI has already began operations in virtually ten nations comparable to UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, Mauritius, and Qatar, thereby making India a front-runner within the world digital funds area.

Constructive world acceptance of UPI has resulted in elevated remittance transfers, inclusion of extra individuals within the monetary system, and establishing India’s stronghold within the worldwide fintech atmosphere.

Learn Extra: Centre releases extra Rs 1,09,019 crore tax devolution to states to spice up capital spending

NPCI (Nationwide Funds Company of India), which has been arrange by the Reserve Financial institution of India (RBI) in addition to the Indian Banks’ Affiliation (IBA), is the apex physique for working retail fee and settlement methods in India.

NPCI runs UPI that facilitates the method of instantaneous funds switch between individuals and retailers.



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