According to the National Payments Corporation of India (NPCI), the Unified Payments Interface (UPI) processed 24.07 billion transactions totaling Rs 29.37 lakh crore in September 2026, a decrease from 24.51 billion transactions worth Rs 29.82 lakh crore in August.
Key observations
Change from August: Transaction volume fell 1.8%, and value fell 1.5% from August. Compared to September 2025, volume increased by 22.6%, and value increased by 18.0%. NPCI’s value figures exclude transactions debited and credited to the same account.

Average transactions per day: UPI averaged 802.3 million transactions a day in September (up from 790.6 million in August, according to NPCI’s daily based stats), and the daily transaction value rose from Rs 96,205 crore to Rs 97,913 crore.
Size of transaction: Average payment in September was around Rs 1,220 (up from Rs 1,217 in August), according to NPCI’s daily transaction value and volume.
Read more:
- UPI in September: Transactions decline to 24.07 billion, average transaction size falls to Rs 1,012
- UPI hits record 24.51 billion transactions in August, but growth uneven across digital payment rails
The post UPI transactions fell 1.8% to 24.07 billion in September 2026; value slipped to Rs 29.37 lakh crore appeared first on MEDIANAMA.
