#payments Tech News.
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NPCI recorded 10.65B UPI transactions as unclassified in September 2026, representing 44% of the 24.07B national volume. Maharashtra led classified states with 2.36B transactions and Rs 2,73,884 crore value, while Karnataka and Uttar Pradesh followed with 1.25B each. This marks a significant increase from 13% in April 2023.
Mercury CEO Immad Akhund states the fintech firm reached $1 billion in annualized revenue, a 50% year-over-year increase. The company now serves over 450,000 customers and is launching a new payroll service alongside its existing financial tools.
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