UPI Transactions Hit All-Time High Of Rs 24.77 Lakh Crore In March

Transactions through the Unified Payments Interface (UPI) surged to an all-time high of Rs 24.77 lakh crore in March 2025, marking a 12.7 per cent increase over February’s transaction value of Rs 21.96 lakh crore, according to data released by the National Payments Corporation of India (NPCI), PTI reported.

Compared to March last year, when the transaction value stood at Rs 19.78 lakh crore, UPI payments saw an annual growth of 25 per cent.

The number of transactions also recorded 36 per cent year-on-year increase.

The average daily UPI transaction value in March stood at Rs 79,903 crore, up by 1.9 per cent from February, while the transaction volume grew by 2.6 per cent month-on-month.

UPI, operated by NPCI, is India's leading digital payment platform, enabling real-time transactions between individuals and merchants.

It has become the backbone of India’s cashless economy, with millions of users relying on it for seamless, instant financial transactions.

NPCI, an initiative of the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA), oversees UPI along with other retail payment and settlement systems in the country.

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