UPI Transactions Hit Record High Number In January
1 Feb 2026 6:12 PM IST1 Feb 2026 6:12 PM IST
The growing acceptance of UPI by merchants and service providers has made it the preferred digital payment method.
UPI Payments | Representational Image
Transactions through the popular Unified Payments Interface (UPI) touched a record Rs 28.33 lakh crore and 21.70 billion in value and volume terms, respectively, in January, according to data released by the National Payments Corporation of India (NPCI).
NPCI said the value of transactions was at Rs 27.97 lakh crore in December. On a month-on-month basis, the growth was 21 per cent in value terms.
The average daily transaction in January was 700 million with an average value of Rs 91,4033 crore.
India has witnessed a remarkable shift toward digital payments, and UPI has emerged as the most preferred method for everyday transactions. Not just a tool for transferring money, it has become an essential part of managing daily finances. The growing acceptance of UPI by merchants and service providers has made it the preferred digital payment method.
Worldline CEO Ramesh Narasimhan said, "UPI's growth momentum continues to strengthen. In January 2026 alone, Indians made 21.7 billion UPI transactions worth Rs 28.33 lakh crore -- an increase over December and a solid 28 per cent growth year-on-year."
( Source : PTI )
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