The number of transactions on the Bharat Interface for Money (BHIM) UPI app was 15.8 million for the month of May 2019, up 4% from 15.2 million last month. The total value of the transactions stood at Rs 6,627.4 crore, up marginally from Rs 6,583.6 crore in April 2019, according to data provided by the National Payments Corporation of India (NPCI). The NPCI is the bank-owned organization that runs the Unified Payments Interface (UPI). Meanwhile, the Economic Times reports, citing sources, that Google Pay reported 240 million transactions, Flipkart-owned PhonePe reported around 230 million, and Alibaba owned Paytm reported 200 million in transactions.

There is no data available on WhatsApp payments since its initial launch.


There were 733.5 million UPI transactions in May 2019, with Rs 152,449 crore being transacted. Thus, BHIM processed only 2.1% of all UPI transactions and accounted for 4.3% of the amount transacted in May. In the previous month, BHIM had accounted for 1.9% of all UPI transactions and processed 4.6% of the amount transacted.

Currently, BHIM is live on 112 banks, down from 113 as compared to the previous month, and has seen over 45.5 million app downloads. However, the NPCI which developed BHIM, does not give information on the number of virtual payment addresses (VPAs) created and the number of accounts linked to the UPI.

In terms of net additions, the number of transactions for BHIM grew by 0.62 million in May 2019 – the highest addition was in June 2018 – while the total amount transacted went up by Rs 43.8 crore. In the previous month (April 2019), the number of transactions went up by 0.23 million and the amount transacted increased by Rs 166.6 crore.

With more increase in the number of transactions, the average amount per transaction for BHIM has been on the decrease. In May, the average amount per transaction was Rs 4,202.5.