Unified Payments Interface (UPI) achieved a historic milestone in October 2025, processing an all-time high of 20.7 billion transactions, according to data released by the National Payments Corporation of India (NPCI).
The record marks a 3.6% month-on-month increase from September’s 19.63 billion transactions, which had seen a slight dip from August’s 20.1 billion.
In terms of transaction value, UPI touched ₹27.28 lakh crore in October, up 9.5% from ₹24.9 lakh crore in September. On a year-on-year basis, transaction count rose 25%, while the total transaction value grew 16%.
The platform processed an average of 668 million transactions daily, amounting to an average daily value of ₹87,993 crore. The festive season significantly boosted activity, with UPI crossing 750 million transactions in a single day on October 18 for the first time.
This milestone underscores the rapid expansion of India’s digital payments ecosystem, driven by the widespread adoption of QR-based payments, recurring mandates, and UPI integration with credit lines and international corridors.
On the global front, UPI continues its international expansion, now operational in Bhutan, Singapore, Sri Lanka, Mauritius, Nepal, and Qatar, with rollouts planned for France, the UAE, Namibia, Trinidad and Tobago, and Peru.
In a recent development, Razorpay, through its subsidiary Razorpay Curlec, announced a partnership with NPCI International Payments Limited (NIPL) to enable UPI payments in Malaysia, further strengthening India’s position as a global fintech leader.
