Bharat Interface for Money (BHIM) recorded 253.69 million transactions in August 2026, according to data released by the National Payments Corporation of India (NPCI). That was up from 242.27 million in July 2026 on the Unified Payments Interface (UPI). These BHIM app statistics describe a fast rebound from a very low base.
BHIM processed 224 million UPI transactions in June 2026, compared with 23 million in June 2024, according to NPCI data. Despite the rebound, BHIM accounted for only around 1% of total UPI transaction volume in June 2026. The app is developed by NPCI BHIM Services Limited (NBSL), a wholly owned NPCI subsidiary incorporated in 2024. NPCI’s app-wise counts and NBSL’s own app data differ, so the sections below keep them apart.
Key Takeaways
- The value of BHIM transactions climbed to ₹25,613 crore in June 2026 from ₹7,966 crore in June 2024.
- The average BHIM payment was ₹1,143 in June 2026, against ₹3,506 in June 2024.
- BHIM held 1.04% of total UPI volume in August 2026, measured against NPCI’s monthly total.
- NBSL’s app data shows monthly transactions rising from around 39 million in January 2025 to over 165 million in December 2025.
- PhonePe and Google Pay’s combined UPI share fell to 79% in May 2026, their first time below 80% since NPCI began publishing app-wise data.
- NPCI BHIM Services reported ₹4 crore in revenue and a ₹68 crore loss in FY25.
Editor’s Choice
- BHIM monthly transactions: 253.69 million in August 2026, on NPCI data.
- BHIM transaction value: ₹25,613 crore in June 2026.
- NBSL-reported monthly volume: 244 million in May 2026.
- NPCI capital infusion into NBSL: ₹300 crore after the 2024 restructuring.
- Regional languages supported: over 15, including Telugu.
- UPI Circle delegated spending limit: up to ₹15,000 a month.
BHIM App Statistics: Monthly Transactions
- According to CXO Digital Pulse, BHIM recorded 253.69 million transactions in August 2026, increasing from 242.27 million in July 2026.
- According to Outlook Business, BHIM’s monthly UPI transaction volume rose nearly tenfold over the two years to June 2026.
- According to Angel One, the government-backed BHIM app saw 158 million transactions in December 2025, with CRED close behind at 157.25 million.
- According to Inc42, BHIM passed CRED and FamApp by UPI transaction volume in January 2026, recording 17.2 crore transactions.
- BHIM processed 10 crore UPI transactions in August 2025, ahead of Amazon Pay at nearly 9.8 crore.
- BusinessWorld reported in August 2024 that NPCI planned to spin off BHIM into an independent subsidiary, according to industry sources quoted by Business Standard.
- BHIM’s resurgence began after NPCI carved the platform into a separate subsidiary in 2024.
| Month | BHIM UPI transactions (millions) |
|---|---|
| June 2024 | 22.72 |
| December 2025 | 158 |
| June 2026 | 224 |
| July 2026 | 242.27 |
| August 2026 | 253.69 |
Source: NPCI data via BusinessWorld, Angel One, Outlook Business and CXO Digital Pulse, 2024 to 2026
About This Data
Compiled from 16 sources dated from August 2024 to October 2026. They are 1 NPCI statistics page, 1 NBSL press release and 14 business and trade news reports that cite NPCI or NBSL data. NPCI’s app-wise statistics page could not be retrieved directly, so app-level counts come from reports that name NPCI as their source. Figures are reviewed on a rolling basis and updated when sources publish new data.
BHIM Transaction Value and Average Payment Size
- BHIM’s UPI transactions were worth ₹25,613 crore in June 2026, according to NPCI data.
- In June 2024 the average was ₹3,506 per transaction.
- BHIM’s August 2025 transactions were worth nearly ₹15,000 crore, above leading UPI apps such as super.money and FamApp by value.
- January 2026 worked out to ₹1,281 per transaction.
- CRED registered nearly three times the transaction value of BHIM in December 2025, pointing to higher-value use on CRED.
- NBSL rolled out cashback programmes to acquire users while revamping the app’s interface and payment experience.
View the data
Key finding: BHIM processed 224 million UPI transactions worth ₹25,613 crore in June 2026, according to NPCI data. That is ₹1,143 per payment, 32.61% of the June 2024 average. The average payment has fallen while the number of payments has risen.
Recent Developments
- September 16, 2026: NPCI data for August 2026 showed PhonePe and Google Pay together at 77.90% of UPI transaction volume.
- September 16, 2026: Navi kept fourth place with 1.08 billion transactions in August 2026, up from 947.08 million in July 2026.
- September 2026: UPI processed 24,068.38 million transactions with 756 banks live, according to NPCI.
- July 28, 2026: BHIM told Moneycontrol it plans to enter loans and credit card products, and Canara Bank became one of the first lenders to activate its plug-in.
- July 28, 2026: WhatsApp Pay processed 150 million transactions in June 2026, more than four times the 37 million of two years earlier.
- June 24, 2026: NBSL said BHIM’s monthly volume rose from 79.64 million in June 2025 to 244 million in May 2026.
BHIM Market Share of UPI
- BHIM’s market share increased to 0.8% in January 2026.
- BHIM accounted for only around 1% of total UPI volume in June 2026, while PhonePe and Google Pay controlled nearly 79%.
- BHIM’s July 2026 count equals 1.02% of NPCI’s total UPI volume for the month.
- The same calculation for August 2026 gives 1.04%.
- In June 2024, BHIM’s 22.72 million transactions, per BusinessWorld (Outlook Business gives a rounded 23 million), were just 0.16% of total UPI transaction volume.
- BHIM positions itself as “India’s own payment app”, differentiating itself from PhonePe and Google Pay, both owned by US-based companies.
View the data
BHIM Market Share History, 2017 to 2018
- BHIM accounted for around 40% of UPI transactions during the first half of 2017.
- BHIM had steadily lost market share after PhonePe and Google Pay emerged as the dominant players.
- Outlook Business describes BHIM as one of India’s earliest UPI applications.
The fall from the earliest published figure, 2017, to a fraction of a percent by 2024 is the base the current rebound starts from.
| Period | BHIM share of UPI transactions |
|---|---|
| First half of 2017 | around 40% |
| October 2017 | 25% |
| Mid-2018 | about 6% |
| End of 2018 | around 4% |
Source: Outlook Business, July 2026
BHIM vs Other UPI Apps
- Flipkart-backed super.money recorded 421.87 million transactions in August 2026, down from 437.27 million in July 2026.
- BHIM’s August 2026 count put it ahead of FamApp by Trio at 223.31 million.
- CRED handled transactions worth ₹57,398 crore, or 1.92% of UPI transaction value, in August 2026, despite its lower volume.
- WhatsApp Pay’s share rose to around 0.7% by June 2026, from 0.27% two years earlier, overtaking CRED as the eighth-largest UPI app by transaction volume.
- BHIM’s August count was 1.38 times WhatsApp’s.
- Navi strengthened its position as the fourth-largest UPI app, and Flipkart Group’s super.money also expanded rapidly.
View the data
UPI Market Concentration and the 30% Cap
- PhonePe’s UPI share reached 45.64% of total UPI transaction volume in August 2026, on 11.19 billion transactions.
- PhonePe and Google Pay together accounted for 77.90% of UPI volume and 81.60% of value in August 2026.
- The top three UPI players, PhonePe, Google Pay and Paytm, held 85.93% of transaction volume.
- Paytm’s UPI volume accounted for 8.03% of the August 2026 total, with 1.97 billion transactions.
- PhonePe and Google Pay’s combined UPI share fell to 79% in May 2026, the first time below the 80% threshold since NPCI began publishing app-wise data.
- The same top three had commanded 95.2% of all transactions in January 2024.
- NPCI postponed the deadline for UPI providers to comply with its 30% market share cap to December 31, 2026.
- Google Pay transactions totaled 7.91 billion in August 2026, up from 7.65 billion in July 2026.
View the data
Why it matters: PhonePe and Google Pay together accounted for 77.90% of UPI transaction volume in August 2026. NPCI moved the deadline for UPI providers to comply with its 30% market share cap to December 31, 2026. The cap applies to each provider, and each leader is over it alone; volume BHIM wins spreads UPI across more apps.
Total UPI Volume Behind BHIM’s Share
- UPI processed 24,508.96 million transactions in August 2026, with 752 banks live, according to NPCI.
- Total UPI volume grew 3.60% from July to August 2026.
- BHIM’s volume grew 4.71% over the same month.
- Overall UPI transaction data shows 24.51 billion transactions worth ₹29.82 lakh crore in August 2026.
- NPCI’s UPI product statistics exclude transactions having debit or credit to the same account, from August 2018 onwards.
View the data
BHIM Growth as Reported by NBSL
- NBSL said BHIM’s transaction volumes more than tripled between June 2025 and May 2026.
- The platform processed transactions worth ₹26,952 crore in May 2026.
- That works out to ₹1,105 per transaction.
- BHIM Payments App data put December 2025 transaction value at ₹20,854 crore, which the app’s data described as an increase of more than 390% in volume.
- NPCI’s app-wise data counted 158 million BHIM transactions for the same December.
Neither source states a counting rule the other uses, so the NBSL series below stays separate from the NPCI series above.
| Month | BHIM transactions (NBSL data) |
|---|---|
| January 2025 | around 39 million |
| June 2025 | 79.64 million |
| December 2025 | over 165 million |
| May 2026 | 244 million |
Source: NBSL data via Outlook Money and PSU Watch, 2025 to 2026
How many people use the BHIM app?
None of the NBSL releases and reports gathered here gives a total BHIM user count.
Lalitha Nataraj, CEO of NBSL, gave a user growth rate instead. “The user growth has been almost seven times over the last year.” She also named Delhi, Punjab, Haryana and Uttar Pradesh among BHIM’s key growth markets.
BHIM Merchant Spending in Telangana
- Groceries accounted for 23.9% of BHIM merchant transactions in Telangana in May 2026.
- BHIM transaction volumes in Telangana tripled between June 2025 and May 2026, mirroring the national trend.
- NBSL said the app is optimised for low-connectivity environments, supporting adoption across rural and semi-urban areas.
View the data
Lalitha Nataraj said the growth spanned groceries, food outlets and quick commerce. She described it as “indicating a growing shift towards digital payments for routine spending.”
NPCI BHIM Services Revenue and Ownership
- NPCI BHIM Services reported ₹4 crore in revenue and a ₹68 crore loss in FY25.
- The FY25 loss was about 17 times revenue.
- Its FY26 financial results had not been disclosed as of July 2026.
- While parent NPCI operates as a not-for-profit entity, NPCI BHIM Services has a commercial mandate.
- BusinessWorld reported in August 2024 that Lalitha Nataraj, formerly of IDFC FIRST Bank and ICICI Bank, had been appointed CEO of the new subsidiary.
| Item | Figure |
|---|---|
| NBSL incorporated | 2024 |
| NPCI capital infusion | ₹300 crore |
| FY25 revenue | ₹4 crore |
| FY25 loss | ₹68 crore |
| FY26 results | Not disclosed as of July 2026 |
Source: NBSL, Outlook Business, 2025 to 2026
Who owns the BHIM app?
NPCI BHIM Services Limited (NBSL), a wholly owned subsidiary of the National Payments Corporation of India, develops the BHIM app. NPCI carved BHIM into this separate subsidiary in 2024 and infused ₹300 crore after the restructuring. NBSL aims to enhance the adoption of digital payments through the BHIM platform.
Which country owns BHIM?
BHIM is India’s homegrown payment app, developed by NPCI BHIM Services Limited. Angel One calls it the government-backed BHIM app, and Outlook Business reports that it positions itself as “India’s own payment app”. Its two largest rivals, PhonePe and Google Pay, are owned by US-based companies.
BHIM App Features and Transaction Limits
- NBSL launched BHIM 3.0 in March 2025, the third version of an app first introduced in 2016 by Prime Minister Narendra Modi.
- Biometric approval on iOS and Android is capped at transactions up to ₹5,000.
- Biometric approval covers everyday payments such as sending money to friends and scanning merchant QR codes.
- NBSL named former Indian cricket captain Mahendra Singh Dhoni as brand ambassador for the BHIM Payments App in March 2026.
- Registration for a Kaun Banega Crorepati (KBC) Golden Week was scheduled to run from September 1, 2025 to October 10, 2025, and NBSL said 10 contestants would be chosen.
| Feature | Limit or detail | Launched |
|---|---|---|
| BHIM 3.0 | Third version of the app | March 2025 |
| UPI Circle Full Delegation | Up to ₹15,000 a month | November 2025 |
| Biometric approval | Up to ₹5,000 per transaction | April 2026 |
| Regional languages | Over 15 | Not stated |
Source: Business Standard, Free Press Journal, The Fintech Times, PSU Watch, 2025 to 2026
Conclusion
BHIM recorded 253.69 million transactions in August 2026, on NPCI data. BHIM held around 1% of total UPI volume in June 2026, while NPCI BHIM Services lost ₹68 crore in FY25. The app has proved it can grow fast with NPCI’s backing; it has not yet shown it can earn money or dent the two leaders.
NPCI’s 30% market share cap deadline falls on December 31, 2026. NBSL plans to enter loans and credit card products while working with banks to integrate its plug-in into their UPI applications. Those two tests will show whether BHIM’s rebound turns into lasting share.
