UPI payments | DD News

July 20, 2026 11:50 PM

UPI user base crosses 55.49 crore; transactions reach record Rs 314 lakh crore in FY26

India's Unified Payments Interface (UPI) continued its rapid expansion in 2025-26, with the number of onboarded users reaching 55.49 crore as of June 2026, while transaction value touched a record ₹314.23 lakh crore during the financial year, according to information shared by the government in Parliament. Minister of State for Finance Pankaj Chaudhary, in a written reply to the Lok Sabha on Monday, said UPI, operated by the National Payments Corporation of India (NPCI) under the Payment and ...

January 1, 2026 3:52 PM

UPI transactions rise 29% in December as digital payments momentum holds

The Unified Payments Interface (UPI) recorded a 29% year-on-year rise in transaction volumes to 21.63 billion in December, while transaction value grew 20% to Rs 27.97 lakh crore, according to data from the National Payments Corporation of India (NPCI). On a month-on-month basis, activity remained strong. Average daily transaction value rose to Rs 90,217 crore in December from Rs 87,721 crore in November, while average daily volumes increased to 698 million from 682 million. In November, UPI t...

October 15, 2025 1:29 PM

PMAY 2.0 boosts digital payment adoption, fuels financial inclusion among low-income borrowers: SBI Research

The Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0) is not only fulfilling the dream of home ownership for millions of urban poor and middle-class families but is also driving a remarkable transformation in digital payment behaviour, noted a research report from the State Bank of India (SBI). The scheme, which provides affordable housing loans at subsidized interest rates, has become a catalyst for enhancing both discretionary and non-discretionary spending, says the report. "PMAY is now act...