UPI records 9.96 billion transactions in July worth Rs 15.34 lakh crore.

This shows a 6.6% jump in the number of transactions via UPI from 9.34 billion in June.

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The value of transactions in the same period rose 4% to Rs 14.75 lakh crore.

According to a PwC India report

UPI transactions are likely to reach 1 billion per day by 2026–27.

Accounting for 90% of India’s retail digital payments.

PhonePe leads the UPI sweepstakes with 47% of the market.

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Share, followed by Google Pay at 35%.

Paytm had 13% of the volume of transactions.

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