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UPI transactions hit record ₹29.9 lakh crore in July; volume rises to 23.66 billion

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  1. UPI transactions hit a record ₹29.9 lakh crore in July 2026, up 19% annually from ₹25.08 lakh crore a year ago.

  2. Volume rose to 23.66 billion transactions in July, up from 23.2 billion in May and 22.72 billion in June.

  3. Data released by the National Payments Corporation of India (NPCI) showed the growth.

  4. UPI is now live in about ten countries, including the UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, Mauritius, and Qatar.

  5. Anand Kumar Bajaj, MD and CEO of PayNearby, said UPI continues to strengthen India's digital payments ecosystem.

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