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

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Moneycontrol•01-03-2026, 11:06

UPI Transactions Soar: Daily Value Nears Rs 1 Lakh Crore in Record February

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

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