BHIM App Sees Transaction Volumes Triple Amid Rising UPI Adoption

The BHIM Payments App witnessed a significant jump in digital transactions, with monthly volumes climbing from 79.64 mn in June 2025 to 244 million in May 2026, demonstrating robust growth led by increased use of UPI.

BHIM App sees transaction volumes triple amid rising UPI adoption
BHIM App sees transaction volumes triple amid rising UPI adoption

According to NPCI BHIM Services Limited, the BHIM Payments App's transaction volumes increased by more than 100% from June 2025 to May 2026. According to a press release issued on June 24th, the app's monthly transaction volumes increased from 79.64 million in June 2025 to 244 million in May 2026.

According to the statement, in May 2026, the platform handled transactions totalling INR 26,952 crore. Transaction volumes in Telangana increased by threefold between June 2025 and May 2026, reflecting the broader national trend in BHIM growth. Among the merchants in the state that used the platform in May 2026, 23.9% were grocery stores, 18.1% were food outlets, and 11.6% were quick commerce.

BHIM Preferred Payment App in Telangana

According to Lalitha Nataraj, MD and CEO of NBSL, the BHIM Payments app's meteoric rise in Telangana is indicative of how digital payments are becoming standard fare. She stated that the growth is being propelled by transactions across categories, including groceries, food outlets, and quick commerce, which is particularly encouraging. This points to an increasing trend of using digital payment methods for everyday purchases.

According to Nataraj, NBSL has maintained its focus on developing user-friendly, frictionless solutions for all customers as they have adopted convenient payment experiences. The software is designed to work well in areas with poor network connectivity and supports more than fifteen regional languages, one of which is Telugu. This, the press release continued, will pave the way for more widespread use of digital payment methods in less-populated regions.

NPCI’s BHIM Tops January UPI Charts

The Bharat Interface for Money (BHIM) of NPCI outpaced FamApp and Kunal Shah-led CRED in terms of UPI transaction volume in January. It processed 17.2 Cr transactions totalling INR 22,025.9 Cr over the specified month. Additionally, the app's market share rose from 0.7% in December to 0.8% in January. Total UPI transactions for January reached a new all-time high of 21.7 Bn transactions worth INR 28.33 Lakh Cr, according to data from the National Payments Corporation of India (NPCI).

Even while PhonePe's market share has been declining for a while, the company saw a little increase in January's transaction volume, reaching 991.3 cr. From December's 45.3% market share, the company's performance in the current month increased to 46.6%. For the month, its transaction value was INR 13.7 lakh Cr. The firm also submitted its revised draft red herring prospectus (UDRHP) for its OFS-only IPO in January, which is worth mentioning.

In January, there were 722.9 Cr transactions processed using Google Pay, down from 749 Cr the previous month. This represents a slight fall in Google Pay's market share. After processing 165.9 Cr transactions in January, totalling 1.81 Lakh Cr INR, Vijay Shekhar Sharma's Paytm had a small increase in its market share, and it logged transactions totalling INR 9.95 Lakh Cr. Among the top players in the UPI ladder, Sachin Bansal-led Navi remained in fourth place in January with 70.9 Cr transactions, up from 67.8 Cr in December.