UPI Transactions Surge to Record Rs 94,000 Crore Daily in October Festive Season

Oct 22, 2025 03:35 pm CST

India's Unified Payments Interface (UPI) has experienced a dramatic 13% surge in daily transaction value during October, reaching Rs 94,000 crore due to Diwali spending and GST rate cuts. With unprecedented daily volumes of 695 million transactions and potentially hitting Rs 28 lakh crore monthly for the first time, this represents one of UPI's strongest growth periods in recent years.