UPI network
merchant payments and person-to-person transfers
merchant payments and person-to-person transfers: 15.23 billion in September 2026
15.23 billion
Data through
Merchant payment value: ₹8.87 trillion (≈ ₹8.87 lakh crore) · $92.1 billion.
Terms in this reading
- UPI
- The Unified Payments Interface, India’s shared network for instant payments between bank accounts. Definition and conventions
Notes
The table retains the source’s published periods. Missing observations are not zero and have not been interpolated.
Publication cadence: Monthly. Missing observations are not zero.
payment types
| Total volume million | Total value | P2p volume million | P2p value | P2m volume million | P2m value |
|---|---|---|---|---|---|
| 24.07 billion | ₹29.37 trillion (≈ ₹29.37 lakh crore) · $305 billion | 8.84 billion | ₹20.5 trillion (≈ ₹20.5 lakh crore) · $213 billion | 15.23 billion | ₹8.87 trillion (≈ ₹8.87 lakh crore) · $92.1 billion |
data.indiadispatch.com
Source: National Payments Corporation of India, India Dispatch Research
Cite this reading
India by the numbers, UPI merchant payments and person-to-person transfers, September 2026. 15.23 billion. Source: National Payments Corporation of India. https://data.indiadispatch.com/payments/upi-merchant-and-p2p
Published content updated . This is separate from the source observation period.