Summary:

In June 2026, India's Unified Payments Interface (UPI) saw robust growth, with transaction values rising 20% to over Rs. 28 lakh crore and transaction volumes up 23% year over year to over 22 billion. With an average of 757 million transactions processed every day, UPI's growing significance in India's digital payments ecosystem is evident. The ongoing increase is a result of increased customer confidence in cashless transactions, broader merchant acceptance, and more financial inclusion. Currently, UPI is available in over eight nations, including the United Arab Emirates, Singapore, France, Mauritius, Sri Lanka, and Greece. Cross-border payments and India's position as a global leader in digital financial infrastructure and innovation are further strengthened by Eurobank's new UPI-based remittance service from Greece to India.

Source: IBEF

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