New Delhi, June 2 -- The Unified Payments Interface continued its dominance in India's digital payments landscape with record volumes in May 2026, according to data released by the National Payments Corporation of India. The May numbers show UPI processed 23.2 billion transactions worth Rs 29.9 trillion during the month, keeping it far ahead of other payment rails.

The NPCI data highlights UPI as the primary driver of digital transactions. The May 2026 data puts UPI transactions at 737.79 million per day on average, with a daily transaction value of Rs 84,423 crore, or Rs 0.84 trillion. The month-to-date figures capture the full strength of UPI adoption across retail, merchant and P2P payments.

The May performance underscores UPI's role...