New Delhi, Oct. 2 -- India's Unified Payments Interface (UPI) processed 24.07 billion transactions worth Rs.29.37 lakh crore in September 2026, a marginal decline from August's record levels. But the monthly fall does not tell the entire story.

Transaction volume declined 1.8% month-on-month from 24.51 billion in August, while transaction value fell 1.5% from Rs.29.82 lakh crore. On a daily basis, however, UPI activity moved in the opposite direction.

Average daily transactions increased to 802 million in September from 791 million in August, while the average daily transaction value rose to Rs.97,913 crore from Rs.96,205 crore.

September had 30 days compared with August's 31. The lower monthly total therefore came alongside higher tra...