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UPI Hits 22.35 Billion Transactions in April, Starts FY27 Strong

India's UPI platform recorded 22.35 billion transactions in April, marking a 25% year-on-year growth with a total value of Rs 29.03 lakh crore. Daily average transactions rose to 745 million, up from 730 million in March, while average daily value reached Rs 96,766 crore. UPI is now operational in over eight countries, including the UAE, Singapore, and France, reinforcing India's global fintech leadership. Since its launch in 2016, the platform has experienced a nearly 12,000-fold surge in transaction volume, processing over 24,162 crore transactions in FY 2025-26.

Key Points: UPI Sees 25% Growth with 22.35 Billion Transactions in April

  • UPI transactions grew 25% YoY to 22.35 billion in April
  • Daily average transactions hit 745 million in April
  • Transaction value increased 21% to Rs 29.03 lakh crore
  • UPI is now live in over 8 countries including UAE, Singapore, France
  • Platform saw a 12,000-fold surge in volume over the past decade
2 min read

UPI sees 25 pc growth at 22.35 billion transactions in April, starts FY27 on strong note

UPI recorded 22.35 billion transactions in April, a 25% YoY growth, with daily average hitting 745 million. Value rose 21% to Rs 29.03 lakh crore.

"UPI's scale, interoperability, and reliability have positioned India as a global leader in digital public infrastructure. - Government assessments"

New Delhi, May 1

India's digital payments ecosystem 25 per cent year-on-year growth in the month of April at 22.35 billion transactions at Rs 29.03 lakh crore in terms of value, which is a 21 per cent annual growth, according to data released by the National Payments Corporation of India on Friday.

On a daily basis, the average number of transactions saw a notable increase to 745 million in April (from 730 million in March).

The average daily transaction value also rose to Rs 96,766 crore last month, from Rs 95,243 crore in the previous month.

The IMPS monthly volumes stood at 362 million with Rs 7.01 lakh crore in transaction amount (13 per cent YoY growth). Average daily transactions at 12.08 million saw a notable increase too.

In March, the UPI had registered its highest-ever monthly transaction volume at 22.64 billion, since its launch in 2016.

UPI is now live in more than eight countries, including the UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, Mauritius and Qatar, positioning India as a global leader in digital payments. UPI's growing international adoption is boosting remittances, promoting financial inclusion, and strengthening India's position in the global fintech landscape.

India's flagship digital payments platform has recorded an extraordinary nearly 12,000-fold surge in transaction volume over the past decade, according to the Ministry of Finance.

Launched on April 11, 2016, by the National Payments Corporation of India (NPCI) under the regulatory supervision of the Reserve Bank of India (RBI), UPI has evolved into the backbone of India's digital payments ecosystem.

From a modest base of just 2 crore transactions in FY2016-17, the platform processed over 24,162 crore transactions in FY 2025-26, the mini stry said.

In value terms as well, UPI's rise has been equally remarkable. Transaction value surged from Rs 0.07 lakh crore in its first year of operations to around Rs 314 lakh crore in FY 2025-26, marking an increase of more than 4,000 times.

This dual expansion in both volume and value highlights the platform's increasing relevance not just for small retail payments but also for higher-value transactions.

According to government assessments, UPI's scale, interoperability, and reliability have positioned India as a global leader in digital public infrastructure.

The International Monetary Fund (IMF) has recognised UPI as the world's largest real-time payment system by transaction volume, further reinforcing India's standing in the global fintech landscape.

- IANS

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Reader Comments

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Priya S
I use UPI for everything—from paying the milkman to splitting dinner bills with friends. It's saved me hours standing in queues. The 25% growth shows how much Indians love it. My only concern: what happens if the server goes down during a festival or high-traffic day? We need even more robust infrastructure.
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Vikram M
Great achievement, but let's not forget the small merchants. Many still pay hidden charges to payment aggregators, and some rural areas have connectivity issues. If we can fix that, UPI will truly be universal. Still, 12,000-fold growth in a decade is something to celebrate. Kudos to NPCI and the ecosystem. 🇮🇳
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Sarah B
This is just incredible! As someone who travels to India often, UPI is a game-changer. I wish my home country had something this seamless. The fact that it's live in 8 countries now including France and Mauritius makes it so much easier for Indians abroad too. Well done, India!
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Nikhil C
Small correction: the article says "FY27" but it's actually the start of FY26 since April 2025 is the first month of 2025-26 financial year. Anyway, amazing growth! I've been using UPI since 2017 and it's our digital backbone now. Just wish the RBI would reduce MDR for smaller merchants to make it more affordable.
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Michael C
As a fintech professional from Canada, I'm blown away by UPI's numbers. 22 billion transactions in a month is something even China's Alipay would envy. The interoperability between

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