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UPI Daily Transactions Soar to Record High in February, Nearing Rs 1 Lakh Crore Value
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UPI Transactions Soar: Daily Value Nears Rs 1 Lakh Crore in Record February
M
Moneycontrol
•
01-03-2026, 11:06
UPI Transactions Soar: Daily Value Nears Rs 1 Lakh Crore in Record February
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Daily UPI transactions hit a record high in February, with average daily volumes reaching 728 million.
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Daily transaction value climbed sharply, nearing the Rs 1 lakh crore mark, averaging nearly Rs 95,857 crore.
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Despite fewer calendar days, usage intensity rose, indicating stronger payment flows.
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UPI has grown five-fold in daily transactions since early 2022, becoming the backbone of India's consumption economy.
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Growth momentum remains strong with 26.6% year-on-year volume growth and 22% value expansion.
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