The platform also posted its highest annual transactions in 2025. UPI processed 228 billion transactions worth a cumulative ₹300 trillion in 2025, 33% more than in 2024 in terms of the total number of transactions and 21% higher in terms of value. In December 2025, the platform processed a record 21.6 billion transactions worth ₹30 trillion, up 29% year-on-year in terms of volume and 20% in terms of value. All members of UPI were asked to comply with the norms by 31 December, 2025. Deeper adoption, wider QR (quick response) acceptance, rising consumer confidence, and higher average ticket sizes should also push utilisation of UPI from largely small value transactions to “more meaningful, higher value transactions”, they added.

Source: Mint January 01, 2026 18:53 UTC