Wire · operational-macro
UPI transactions rise by 18 pc to Rs 29.37 lakh crore in September
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Fusion42 · 1 October 2026 · Fusion42 review
UPI transaction volumes in India rose 23% year-on-year to 24.07 billion in September 2026, with transaction value increasing by 18% to Rs 29.37 lakh crore, while IMPS fund transfers also saw an 18% year-on-year rise in amount transferred.
This Wire brief sits within Fusion42's coverage of Fintech, and 37 sources have reported it between 20 Jul 2026 and 3 Oct 2026.
◆ ◆ The Wire takeaway
The surge in UPI transactions signals accelerated digital payments adoption in India, offering fintech founders a broader user base to target but also increasing attention on merchant fees that could shape competitive pricing strategies.
◆ Coverage
37 sources · first reported 20 Jul 2026 · latest 3 Oct 2026
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