BHIM bounces back with 4.7X YoY volume growth

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Government-backed UPI app BHIM has staged a notable comeback over the past year, with strong growth in transactions, value, and rankings. The app has moved up significantly in the UPI ecosystem, representing improved user adoption and engagement, even as the market continues to be dominated by larger private players such as PhonePe and Google Pay.

According to data from the National Payments Corporation of India, BHIM’s customer-initiated transaction volume surged 4.7X to 175.93 million in February 2026 from 36.88 million in February 2025. In value…



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BHIM bounces back with 4.7X YoY volume growth


Government-backed UPI app BHIM has staged a notable comeback over the past year, with strong growth in transactions, value, and rankings. The app has moved up significantly in the UPI ecosystem, representing improved user adoption and engagement, even as the market continues to be dominated by larger private players such as PhonePe and Google Pay.

According to data from the National Payments Corporation of India, BHIM’s customer-initiated transaction volume surged 4.7X to 175.93 million in February 2026 from 36.88 million in February 2025. In value…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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