UPI hits 2,320 cr transactions worth Rs 29.9L cr in May, value up 19% YoY
India's UPI rails clocked 2,320 crore transactions in May 2026, totaling Rs 29.9 lakh crore — a 24% volume and 19% value jump YoY. Daily run-rate touched 74.8 crore. NETC toll payments added 37.5 crore transactions worth Rs 7,308 crore, reinforcing UPI's grip on retail checkout.
What happened
UPI transactions hit 2,320 crore in May 2026 worth Rs 29.9 lakh crore, up 24% in volume and 19% in value YoY, signaling continued digital payments adoption
Key facts
- 2,320 crore transactions May 2026
- Rs 29.9 lakh crore value
- 24% YoY volume growth
- 19% YoY value growth
- 74.8 crore daily transactions
- NETC 37.5 crore transactions
- Rs 7,308 crore NETC value
Why this matters
Scout bolt-on targets in UPI-native loyalty, reconciliation, and toll/transit payment infrastructure where 37.5 crore NETC transactions hint at an underbuilt mobility-payments stack.