DPI Brief — June 02, 2026
DPI Brief — June 02, 2026 UPI Records Its Biggest-Ever Month at ₹29.90 Lakh Crore India’s Unified Payments Interface (UPI) posted its highest-ever monthly figures in May, processing 23.2 billion transactions worth ₹29.90 lakh crore, according to NPCI data released on June 1. This represents a 19% year-on-year increase from ₹25.14 lakh crore in May 2025, and a month-on-month improvement over April’s 22.35 billion transactions worth ₹29.03 lakh crore. Summer travel, IPL 2026, and seasonal consumer spending were key growth drivers. The average UPI ticket size has steadily declined from ₹1,848 in 2021 to ₹1,313 in 2025, reflecting the system’s deepening penetration into micropayments and everyday retail. UPI now accounts for an estimated 85.5% of total retail digital transaction volume, cementing its position as the backbone of India’s digital payments ecosystem. [Times of India] ...