EconomyMonday, 7 September 2026·The Hindu - Economy
UPI hits ₹29.82 lakh crore in August 2026; NPCI data shows 24.51 billion transactions and 11-country acceptance
NPCI data showed UPI transactions worth ₹29.82 lakh crore in August 2026, with record volume of 24.51 billion and acceptance in 11 countries.
Key highlights
Direct fact
In August 2026, Unified Payments Interface (UPI) transactions reached ₹29.82 lakh crore and 24.51 billion in volume, according to National Payments Corporation of India (NPCI) data released on September 1, 2026.
Key specifics
- UPI transaction value in August 2026 was ₹29.82 lakh crore, up from ₹24.85 lakh crore in August 2025.
- UPI volume touched 24.51 billion in August 2026, compared with 19.63 billion in August 2025.
- UPI had earlier touched ₹29.9 lakh crore in May 2026 and July 2026, which were record-high months.
- UPI was launched on August 25, 2016, and its transaction value rose from ₹0.07 lakh crore in FY17 to around ₹314 lakh crore in FY26.
- UPI is accepted in 11 countries, including Uzbekistan, Singapore, the United Arab Emirates, France, Mauritius, Nepal, Bhutan, Qatar, Sri Lanka, Cambodia and Greece.
Exam lens
Digital payments MCQ focus: NPCI, UPI launch date, August 2026 value and volume, 11-country acceptance. TNPSC may ask which countries accept UPI or the year of UPI launch.