BHIM logs 301% FY26 surge; April 2026 hits 22.49 cr txns worth ₹26,040 cr
NPCI's BHIM app vaulted from 5.93 cr transactions in April 2025 to 22.49 cr in April 2026, with merchant payments led by groceries (22.5%), food and restaurants (18.7%) and quick commerce (6.4%). West Bengal emerged a standout P2M market at 71% merchant share.
What happened
BHIM app saw 301% surge in FY26 transactions, hitting 22.49 cr txns worth ₹26,040 cr in April 2026. Groceries (22.5%), food (18.7%) and quick commerce (6.4%)
Key facts
- 301% jump FY26
- 5.93 cr txns Apr 2025
- 21.6 cr txns Mar 2026
- 22.49 cr txns Apr 2026
- ₹26,040 cr
- 71% P2M in WB
- 22.5% groceries
- 18.7% food/restaurants
- 6.4% quick commerce
- 3.9% e-commerce
- 3.4% fuel
Why this matters
Accelerating BHIM merchant traction in groceries, food and quick commerce makes UPI-acquiring fintechs and regional P2M aggregators—particularly East India focused—more attractive bolt-on targets before valuations catch up to the volume curve.