UPI transactions ease from record high to ₹28.9 lakh crore in June

UPI transactions in India moderated to ₹28.9 lakh crore in June 2026, following a record high in May. Despite the slight month-on-month dip, the daily average transaction volume reached an all-time high, signaling continued growth in digital payment adoption.
Why it matters
UPI's performance is a critical metric for India's digital economy and its ongoing efforts to promote financial inclusion and global fintech leadership.
Transactions through the popular Unified Payments Interface (UPI) moderated from record high to ₹28.9 lakh crore in June, according to data released by the National Payments Corporation of India (NPCI).
The article provides objective financial data and quotes from industry experts regarding market trends.
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