May 1, 2026 4:03 PM
UPI sees 25% growth at 22.35 billion transactions in April, begins FY27 on a strong note
India’s digital payments ecosystem recorded a 25 per cent year-on-year growth in April, with UPI clocking 22.35 billion transactions. In value terms, transactions stood at Rs 29.03 lakh crore, reflecting a 21 per cent annual growth, according to data released by the National Payments Corporation of India (NPCI) on Friday. On a daily basis, the average number of transactions rose to 745 million in April, up from 730 million in March. The average daily transaction value also increased to Rs 96,...