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flag UPI transactions in India surged 27% year-on-year in February 2026, reaching 20.39 billion, with cross-border expansion to Israel.

flag UPI in India saw a 27% year-on-year rise in transaction volume to 20.39 billion in February 2026, with transaction value reaching Rs 26.84 lakh crore. flag Daily transaction value averaged Rs 95,865 crore, up from January’s Rs 91,403 crore, while daily transactions hit 728 million. flag The system, now active in eight countries including the UAE, Singapore, and Israel, expanded cross-border access with Israel. flag UPI now leads India’s payment methods at 57% of transactions, surpassing cash. flag IMPS and FASTag saw 14% and 5% annual growth, respectively.

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