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UPI Transactions Hit Record High of Rs 18.41 Lakh Crore in January.

Banking & Finance | Dated: 02 Feb 2026

Unified Payments Interface (UPI) transactions in India have scaled a new peak, reaching a value of Rs 18.41 lakh crore in January 2026. The volume of transactions also touched a record 12.20 billion. This indicates a 52% year-on-year growth in volume.

🎯 Key Highlights:

  • UPI is developed by the National Payments Corporation of India (NPCI).
  • France recently became the first European country to accept UPI (at Eiffel Tower).
  • The growth is driven by rural adoption and merchant payments.

💡 Other Important Facts:

  • Report: UPI Data.
  • Value: Rs 18.41 Trillion.
  • Regulator: RBI/NPCI.

📚 Test Your Knowledge:

According to NPCI data, what was the approximate value of UPI transactions in January 2026?

Correct Answer: Rs 18.41 Lakh Crore

🚀 Quick Recap:

About NPCI

  • CEO – Dilip Asbe
  • Founded – 2008