UPI in Sep: Overall merchant spend falls, broker payments rise 16%

However, the overall value of merchant category-wise purchases via UPI declined to Rs 8.87 lakh crore in September across 15,229.11 million transactions, compared with Rs 8.95 lakh crore in August across 15,510.01 million transactions, according to data released by the National Payments Corporation of India (NPCI).

Groceries and supermarkets, which account for the largest share, recorded 3,942.44 million transactions worth Rs 84,237.90 crore in September lower than 3,995.82 million transactions worth Rs 86,881.84 crore in August.

The value of debt collections via UPI rose to Rs 76,244.53 crore in September from Rs 73,983.41 crore in August.

Digital gold purchases value via UPI increased to Rs 2,585.35 crore in September from Rs 2,488.52 crore in August.

Men's and women's clothing shops saw 76.88 million transactions worth Rs 9,567.42 crore in September versus 92.72 million transactions worth Rs 11,084.56 crore in August, while family clothing shops witnessed 88.20 million transactions worth Rs 7,665.77 crore in September against 98.45 million worth Rs 8,724.28 crore in August.

Men's, women's and children's uniforms and commercial clothing recorded 79.04 million transactions worth Rs 7,338.60 crore in August, but did not feature in the September listing.

Online marketplaces witnessed 164.39 million transactions worth Rs 8,691.99 crore via UPI in September, compared with 185.96 million transactions worth Rs 9,961.23 crore in August.

Fast food restaurants recorded 1,510.07 million transactions worth Rs 18,131.91 crore in September versus 1,517.37 million transactions worth Rs 18,506.83 crore in August, while eating places and restaurants saw 1,279.75 million UPI transactions worth Rs 21,406.48 crore in September compared with 1,300.07 million worth Rs 22,662.96 crore in August.

Service stations registered 744.84 million transactions worth Rs 42,367.62 crore in September versus 772.90 million transactions worth Rs 44,193.12 crore in August. Utilities recorded 147.16 million transactions worth Rs 24,114.53 crore in September compared with 149.57 million transactions worth Rs 24,636.11 crore in August. Telecommunications logged 811.59 million transactions worth Rs 23,296.52 crore in September versus 817.79 million transactions worth Rs 23,261.73 crore in August.

Electronics shops saw 82.31 million transactions worth Rs 10,061.94 crore in September compared with 82.18 million transactions worth Rs 11,112.68 crore in August. The government services category recorded 148.85 million UPI transactions worth Rs 10,860.28 crore in September versus 152.58 million transactions worth Rs 11,031.82 crore in August.

Drug stores and pharmacies recorded 329.68 million transactions worth Rs 13,773.79 crore in September compared with 335.88 million transactions worth Rs 13,865.97 crore in August.