UPI transactions

April 30, 2026 9:55 PM

Unified Payments Interface at 10: UPI emerges as world’s largest real-time payments platform, anchoring India’s digital economy

A decade after its launch, the Unified Payments Interface (UPI) has transformed from a fledgling digital experiment into the world’s largest real-time payments platform, powering nearly half of global instant payment transactions and redefining how India pays, saves and transacts. Launched on April 11, 2016 by the National Payments Corporation of India (NPCI) under the regulatory oversight of the Reserve Bank of India (RBI), UPI today stands as the backbone of India’s digital economy - driv...

October 29, 2025 2:11 PM

UPI transactions in India jump 35 pc in H1 2025, touch Rs 143 lakh crore: Report

India’s Unified Payments Interface (UPI) continues to dominate the country’s digital payments landscape, with transactions surging 35 per cent year-on-year (YoY) to reach 106.36 billion in the first half of 2025, according to data released on Wednesday. The total value of these transactions stood at a staggering Rs 143.34 lakh crore, underscoring how deeply digital payments have become a part of everyday life in India, according to Worldline’s India Digital Payments Report (1H 2025). The...

August 11, 2025 9:05 PM

UPI transactions surge 114% in eight years, digital payments jump 41%: minister

Unified Payments Interface (UPI) transactions in India have skyrocketed from 92 crore in fiscal year (FY) 2017-18 to 18,587 crore in FY 2024-25, marking a compound annual growth rate (CAGR) of 114 percent, the Parliament was informed on Monday. The value of UPI transactions also surged from Rs 1.10 lakh crore to Rs 261 lakh crore during the same period. In July, UPI crossed a major milestone, recording over 1,946.79 crore transactions in a single month for the first time, Minister of State for ...

July 29, 2025 3:31 PM

India’s digital payments index rises sharply to 493.22, says RBI

Signalling India’s accelerating digital payments revolution, the Reserve Bank of India (RBI) on Monday announced that its Digital Payments Index (RBI-DPI) surged to 493.22 in March 2025, up from 465.33 in September 2024. The RBI-DPI, introduced in January 2021 with March 2018 as the base period set at 100, is designed to track the extent of digitalisation in payments across the country. The consistent upward trend reflects India's rapid adoption of digital payment systems, spanning both urban...

July 1, 2025 12:06 PM

‘Digital India, a people’s movement’: PM Modi charts roadmap for next decade

Prime Minister Narendra Modi on Tuesday lauded the completion of ten years of the Digital India initiative, describing it as a journey that has transformed governance, empowered citizens, and positioned India as a global leader in digital technology. In a post on X, the Prime Minister said, “Today is a historic day as we mark #10YearsOfDigitalIndia! Ten years ago, Digital India began as an initiative to transform our nation into a digitally empowered and technologically advanced society. A de...

June 2, 2025 4:22 PM

UPI transactions see 23% rise at Rs 25.14 lakh crore in May

The Unified Payments Interface (UPI) recorded a strong rebound in May, processing 18.68 billion transactions, up from 17.89 billion in April, according to data released by the National Payments Corporation of India (NPCI). This marks a 33 per cent year-on-year (YoY) growth compared to 14.03 billion transactions in May 2023. In terms of value, UPI transactions surged to ₹25.14 lakh crore in May 2025 — a 5 per cent rise over April’s ₹23.95 lakh crore and a 23 per cent increase fr...