Dataset - Digital Payments and Transactions: Year-, Month- and Bank-wise Volume and Performance of UPI Payer and Payee Payment Service Provider (PSP) Transactions
Digital Payments and Transactions: Year-, Month- and Bank-wise Volume and Performance of UPI Payer and Payee Payment Service Provider (PSP) Transactions
High Frequency Indicator: The dataset contains year-, month- and bank-wise compiled data from the year 2022 to till date on the volume and performance of Unified Payment Interface (UPI) Payer and Payee Payment Service Provider (PSP), along with percentage of transactions which have been approved, business declined (BD) and technical declined (TD)
Notes:
1. Business Declines (BD) are declined transactions due to a customer entering an invalid pin, incorrect beneficiary account etc. or due to other business reasons such as exceeding per transaction limit, exceeding permitted count of transactions per day, exceeding amount limit for the day etc.
2. Technical Declines (TD) transactions are those transactions are declined due to any technical reasons such as bank ID is empty or not in correct format or exception code not in Database or not in correct format, etc
3. Payer PSP is a system bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication. Using this function, a customer can enter their UPI PIN to approve a financial transaction or non financial request, wherever necessary.
4. Payee PSP is a system where a bank can onboard a customer/merchant and allow them to receive money on the basis basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.
Digital Payments and Transactions: Year-, Month- and Bank-wise Volume and Performance of UPI Payer and Payee Payment Service Provider (PSP) Transactions
High Frequency Indicator: The dataset contains year-, month- and bank-wise compiled data from the year 2022 to till date on the volume and performance of Unified Payment Interface (UPI) Payer and Payee Payment Service Provider (PSP), along with percentage of transactions which have been approved, business declined (BD) and technical declined (TD)
Notes:
1. Business Declines (BD) are declined transactions due to a customer entering an invalid pin, incorrect beneficiary account etc. or due to other business reasons such as exceeding per transaction limit, exceeding permitted count of transactions per day, exceeding amount limit for the day etc.
2. Technical Declines (TD) transactions are those transactions are declined due to any technical reasons such as bank ID is empty or not in correct format or exception code not in Database or not in correct format, etc
3. Payer PSP is a system bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication. Using this function, a customer can enter their UPI PIN to approve a financial transaction or non financial request, wherever necessary.
4. Payee PSP is a system where a bank can onboard a customer/merchant and allow them to receive money on the basis basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.
Rows: 1725
Columns: 10
Time period: 2021-22 to 2026-27
Last Updated: 09 November 2026
Data preview
fiscal_year
month
category
bank_name
total_volume
approved
bd
td
units
notes
2026-27
September
Payee
Airtel Payments Bank Limited
381.55
78.63
21.26
0.11
total_volume in millions, approved in percentage, bd in percentage, td in percentage
2026-27
September
Payee
Axis Bank Ltd.
4841.15
91.62
8.26
0.12
total_volume in millions, approved in percentage, bd in percentage, td in percentage
2026-27
September
Payee
Canara Bank
106.19
97.33
2.56
0.11
total_volume in millions, approved in percentage, bd in percentage, td in percentage
2026-27
September
Payee
Federal Bank Ltd.
246.82
97.18
2.7
0.11
total_volume in millions, approved in percentage, bd in percentage, td in percentage
2026-27
September
Payee
HDFC Bank Ltd.
1696.05
93.81
6.08
0.12
total_volume in millions, approved in percentage, bd in percentage, td in percentage
2026-27
September
Payee
ICICI Bank Ltd.
1798.7
92.45
7.43
0.13
total_volume in millions, approved in percentage, bd in percentage, td in percentage
2026-27
September
Payee
Indusind Bank Ltd.
126.76
91.76
8.1
0.14
total_volume in millions, approved in percentage, bd in percentage, td in percentage
2026-27
September
Payee
Kotak Mahindra Bank
200.91
88.33
11.56
0.1
total_volume in millions, approved in percentage, bd in percentage, td in percentage
2026-27
September
Payee
NPCI BHIM Services Ltd (NBSL)
66.58
95.75
4.13
0.13
total_volume in millions, approved in percentage, bd in percentage, td in percentage
2026-27
September
Payee
NSDL Payments Bank Limited
322.97
38.97
60.93
0.11
total_volume in millions, approved in percentage, bd in percentage, td in percentage
The fiscal year to which the transaction data pertains, as defined by the reporting entity.
month
String
12
1725
The month within the fiscal year for which the transaction data is reported.
category
String
2
1725
The transaction role, indicating whether the data pertains to payees or payers.
bank_name
String
101
1725
The name of the bank for which the transaction metrics are reported.
total_volume
Float64
1629
1725
The total volume of transactions, measured in millions.
approved
Float64
802
1725
The percentage of transactions that were approved.
bd
Float64
771
1710
The percentage of transactions declined for business reasons (bd).
td
Float64
136
1725
The percentage of transactions declined for technical reasons (td).
units
String
1
1725
The units of measurement for the dataset's metrics, specifying the unit for each metric column.
notes
String
1
0
Additional notes or remarks about the transaction data, if any.
Citation
National Payments Corporation of India. (2026). Digital Payments and Transactions: Year-, Month- and Bank-wise Volume and Performance of UPI Payer and Payee Payment Service Provider (PSP) Transactions [Data set]. Dataful. https://dataful.in/datasets/18242