BHIM transactions triple to 244M monthly; groceries lead Telangana merchant spend at 23.9%

BHIM app monthly transactions surged from 79.64M in June 2025 to 244M by May 2026, processing Rs 26,952 cr. Telangana merchant data shows groceries (23.9%), food outlets (18.1%) and quick commerce (11.6%) as top categories, signalling deepening UPI penetration in everyday retail.

— Source publishedWed, 24 Jun, 2026, 16:03 IST·First seen Wed, 24 Jun, 2026, 16:16 IST·Source ET Small Business

What happened

BHIM app monthly transactions tripled to 244M in May 2026 from 79.64M in June 2025, processing Rs 26,952 cr. In Telangana, groceries (23.9%), food outlets

Key facts

  • 79.64M June 2025
  • 244M May 2026
  • Rs 26,952 cr May 2026
  • groceries 23.9%
  • food 18.1%
  • quick commerce 11.6%
  • 15+ languages

Why this matters

Deepening UPI penetration in everyday categories opens M&A windows in grocery-tech, QSR loyalty, and quick-commerce payment rails where BHIM integration becomes a defensible distribution moat.

What to watch

  • NPCI market share cap enforcement timeline
  • BHIM monthly TPV crossing Rs 50,000 cr
  • QC category share moving past 15% in metro merchant data
  • RBI guidance on credit-line-on-UPI rollout
  • Grocery inflation print — distorts category share reads
  • Map grocery/F&B merchant acquisition pipeline in Tier-2 Telangana, AP, Karnataka
  • Price-in UPI-credit line products for kirana segment (Rs 25-50k ticket)
  • Audit QC exposure: are own-brand FMCG SKUs listed on Blinkit/Zepto?
  • Benchmark in-store UPI conversion vs QR-only competitors

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