Sunday, 1 March, 2026
UPI Transactions Surge 27% Annually with 20.39 Billion Payments in February
India's Unified Payments Interface (UPI) continues its record-breaking trajectory, recording 20.39 billion transactions in February, a 27% year-on-year increase. Data from the NPCI highlights the growing dominance of digital payments in the Indian economy, driven by seamless person-to-merchant transfers and expanded rural adoption. This milestone underscores India's successful transition toward a cashless society, positioning UPI as a global benchmark.
Read full story at Economic Times