In October 2025, Unified Payments Interface (UPI) achieved a historic milestone by recording an all-time high of 20.7 billion transactions. This figure signifies a 3.6% increase compared to September’s 19.63 billion transactions and underscores the continuing shift toward digital payments across India. The total transaction value for the month was approximately ₹27.28 lakh crore, marking a 9.5% rise over the previous month.
This surge in transactions was largely driven by the festive season, notably around Diwali, coupled with recent Goods and Services Tax (GST) rate cuts and sustained consumer adoption of UPI for daily payments. On October 18, UPI set a new record with 754.37 million transactions processed in a single day. Averaging over the month, UPI handled about 668 million transactions daily with a corresponding daily transaction value nearing ₹88,000 crore.
Year-over-year, the transaction volume for October grew by 25%, while the transaction value increased by 16%, reflecting broader economic momentum and accelerated digital transformation. The data highlights UPI’s central role in modernizing India’s payments infrastructure, facilitating seamless, real-time payments for millions of users and businesses alike.
This trajectory not only supports government initiatives promoting a cashless economy but also offers critical data points for stakeholders monitoring consumer behavior and digital economy trends.
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