DPI Brief — June 06, 2026
DPI Brief — June 06, 2026 1. UPI Crosses 23 Billion Monthly Transactions for the First Time [L2 — Payments] Unified Payments Interface (UPI) processed a record 23.2 billion transactions worth ₹29.9 lakh crore (US$312 billion) in May 2026, according to data released by NPCI. This is the first time the real-time payment network has crossed the 23 billion monthly threshold. Transaction volume grew 3.8% month-on-month from April’s 22.35 billion, while value rose 3.4%. Summer travel demand and IPL season spending were key demand drivers. On average, UPI handled nearly 748 million transactions daily worth around ₹96,465 crore. The continued expansion of credit-on-UPI services and growing international UPI acceptance are expected to sustain this trajectory. ...