Transaction through the Unified Payments Interface (UPI) touched a record high of 22.64 billion in volume terms in March.
“UPI achieves 22.64 Bn transaction count in March’26! Thank you, India, for embracing digital payments and driving this revolution forward. Let’s continue the journey of transforming the way we transact!,” Department of Financial Services said in a post on X.
In volume terms, 22.64 billion transactions were carried during the month as compared to 18.3 billion a year ago, posting a growth of 24 per cent.
The UPI transaction in volume terms was 20.39 billion recorded in February.
UPI combines the ease of use with strong security while following the RBI’s two-factor authentication rule. This first factor is the mobile number linked to the user’s bank and the second is the UPI PIN, making transactions quick and safe from unauthorised access.
Today, UPI accounts for 85 per cent of all digital transactions in India. Its impact goes beyond national borders, powering nearly 50 per cent of global real-time digital payments
