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UPI transactions slip 1.3% in April yet surge 25% year on year to 22.35 billion

India
Published on 1 May 2026
UPI transactions slip 1.3% in April yet surge 25% year on year to 22.35 billion

NPCI discussed market cap and possible autopay rule changes

UPI transactions dipped 1.3% month-on-month to 22.35 billion in April, down from 22.64 billion in March, according to NPCI data. The transaction value also eased to ₹29.03 lakh crore from ₹29.53 lakh crore. Yet on a year-on-year basis, transactions climbed 25% and value rose 21%. Average daily count and value both increased MoM as NPCI held talks with smaller ecosystem players.

  • April UPI transactions fell 1.3% MoM to 22.35 billion
  • Transaction value declined to ₹29.03 lakh crore, still up 21% YoY
  • Average daily count rose to 745 million and daily value to ₹96,766 crore
  • NPCI meeting with smaller players focused on market cap and rules
Read the full story at Inc42

This summarization was done by Beige for a story published on Inc42Inc42

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