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India - Number of UPI QR Codes in Use

Monthly total number of UPI QR codes deployed in India (in million) from September 2020 onward. UPI QR enables shops and small businesses to accept UPI payments without any card machine. This dataset shows India’s explosive expansion of QR-based merchant acceptance infrastructure. Source: RBI Payment System Indicators.

  • Verified official series
  • Licensed export
  • Source: Reserve Bank of India
LATEST VALUE (May 2026)779.765million
MAX VALUE779.765million in May 2026
GROWTH SINCE START1190.9%Sep 2020 to May 2026
YEARS OF DATA6 YearsSep 2020 to May 2026
TOTAL DATA POINTS69Monthly Observations

UPI QR - Total Count(million)

Updated Jan 31, 2026

Sep 2020
60.407 million
May 2026
779.765 million
Formula
Formula
Value = As reported by the official source.

This dataset represents reported values over time. Growth patterns should be interpreted using the chart and filters, not CAGR.

Source
Source
Reserve Bank of India
How to explore
How to explore
  • Use custom date filters to explore different periods.
  • Track short-term spikes or declines using MoM changes.
  • Compare early vs recent values to understand scale changes.

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India - Number of UPI QR Codes in Use (2020–2026) | Source: Reserve Bank of India | Indiagraphs