UPI merchant payments · month on month

Latest published month: Sep 2026 · source NPCI ecosystem statistics (merchant-category classification) · 120 months since Oct 2016 · built 2026-11-03 1144

MCC	Category	Volume (Mn)	MoM	3-mo avg MoM	YoY	Share	Value (₹ Cr)
5411	Groceries and supermarkets	3,942.4	-1.3%	+1.8%	+26%	25.9%	84,238
OTHERS	Others (all MCCs outside top 29)	2,894.0	-3.0%	+2.5%	+23%	19.0%	402,044
5814	Fast food restaurants	1,510.1	-0.5%	+1.4%	+17%	9.9%	18,132
5812	Eating places and restaurants	1,279.8	-1.6%	+1.0%	+10%	8.4%	21,406
4814	Telecom services (recharges, bills)	811.6	-0.8%	-0.5%	-2%	5.3%	23,297
5541	Service stations (with or without ancillary services)	744.8	-3.6%	+1.3%	+20%	4.9%	42,368
5462	Bakeries	505.0	-2.0%	+8.8%	+91%	3.3%	6,718
5993	Cigar shops and stands	476.4	+1.3%	+4.6%	+40%	3.1%	3,093
5912	Drug stores and pharmacies	329.7	-1.8%	+4.0%	+3%	2.2%	13,774
5451	Dairies	294.4	-1.3%	+3.2%	+64%	1.9%	6,360
5412	Purchase of digital gold	246.3	-1.2%	+1.9%	+139%	1.6%	2,585
7322	Debt collection agencies	222.0	+3.3%	+4.1%	+66%	1.5%	76,245
5921	Package shops beer, wine and liquor	216.6	+0.7%	-0.0%	+47%	1.4%	8,884
5262	Online Marketplaces	164.4	-11.6%	+1.9%	+16%	1.1%	8,692
9399	Government services not elsewhere classified	148.8	-2.4%	+1.1%	+41%	1.0%	10,860
4900	Utilities electric, gas, water and sanitary	147.2	-1.6%	+0.7%	-8%	1.0%	24,115
5441	Candy, nut and confectionery shops	136.4	+0.1%	-1.7%	+22%	0.9%	2,748
5422	Freezer and locker meat provisioners	127.7	+5.1%	+1.0%	+30%	0.8%	4,254
5331	Variety stores	107.4	-1.1%	+7.5%	+62%	0.7%	4,299
5815	Digital Goods: Media, Books, Movies, Music	91.6	+0.7%	+0.2%	—	0.6%	2,035
6211	Securities brokers and dealers	91.6	+8.9%	+7.3%	+49%	0.6%	74,116
5813	Bars, pubs and night-clubs	90.5	-2.7%	-0.9%	+8%	0.6%	3,605
7230	Beauty and barber shops	88.5	-5.9%	+1.1%	+14%	0.6%	2,456
5651	Family clothing shops	88.2	-10.4%	+4.0%	+54%	0.6%	7,666
7622	Electronics repair shops	86.1	-1.8%	+1.0%	+12%	0.6%	2,323
5732	Electronics shops	82.3	+0.2%	-2.2%	+4%	0.5%	10,062
5311	Department stores	79.0	-6.8%	-4.0%	+15%	0.5%	4,666
5691	Mens and womens clothing shops	76.9	-17.1%	-13.6%	-11%	0.5%	9,567
4121	Taxi-cabs and limousines	75.7	-8.6%	-0.6%	+8%	0.5%	1,084
4112	Passenger railways	73.8	—	—	-5%	0.5%	5,296
	Total P2M	15,229.1	-1.8%	+1.9%	+23%	100%	886,987

MoM and YoY are blank where NPCI did not list the category in the comparison month (it publishes only the 29 largest MCCs; the rest sit in “Others”). Volume = approved P2M transactions.

UPI merchant payments, month on month

Ten years of merchant volume

Month-on-month growth, total

Month-on-month growth by category, top 15 categories, last 24 months

Sep 2026 by category