UPI Transactions Hit Record ₹27.28 Lakh Crore in October 2025 | Digital Payments Boom in India

UPI Reaches Record Level in October 2025

• In October 2025, Unified Payments Interface (UPI) transactions reached an all-time high of ₹27.28 lakh crore, as per National Payments Corporation of India (NPCI) data.
• The total number of transactions was 20.7 billion, the highest ever in UPI’s history.
• The rise was mainly due to Diwali festive spending and growing digital payment adoption across India.

UPI Transactions Hit Record ₹27.28 Lakh Crore in October 2025

Growth Comparison

• Transaction Value: ₹27.28 lakh crore
  • 16% higher YoY (compared to ₹23.49 lakh crore in October 2024)
  • 9.5% higher MoM (compared to ₹24.90 lakh crore in September 2025)
• Transaction Volume: 20.7 billion
  • Previous record: 19.47 billion (July 2025)
• Daily average:
  • 668 million transactions
  • ₹87,993 crore daily value

Reason for Growth

• Festive season (Diwali) led to a spike in online and offline spending.
• Higher use of UPI for:
  • Retail purchases
  • Online shopping
  • Merchant and peer-to-peer (P2P) payments

UPI’s Role in India’s Digital Economy

• UPI makes up 85% of all digital transactions in India (as of 2025).
• Developed by NPCI — an initiative of RBI and Indian Banks’ Association (IBA).
• Offers:
  • Real-time transfers
  • Zero transaction fees for users
  • Integration across banking and fintech platforms
• Globally appreciated as a successful public digital infrastructure model.

UPI Goes Global

UPI is now operational in 7 countries, allowing Indian travellers and NRIs to make payments easily without currency exchange issues.

Countries where UPI is active:

1. UAE
2. Singapore
3. Bhutan
4. Nepal
5. Sri Lanka
6. France (first European country to adopt UPI)
7. Mauritius

➡️ Users can scan QR codes, make merchant payments, and enjoy easy interoperability with foreign payment systems.

Question & Answer

Q1. What was the total UPI transaction value recorded in October 2025?
(a) ₹23.49 lakh crore
(b) ₹24.90 lakh crore
(c) ₹27.28 lakh crore
(d) ₹19.47 lakh crore
Answer: ₹27.28 lakh crore
Explanation: According to NPCI, UPI transactions hit ₹27.28 lakh crore in October 2025 — the highest ever recorded.

Q2. How many UPI transactions were processed in October 2025?
(a) 19.47 billion
(b) 20.7 billion
(c) 17.8 billion
(d) 21.5 billion
Answer: 20.7 billion
Explanation: A record 20.7 billion transactions were made in October 2025, surpassing the previous high of 19.47 billion in July 2025.

Q3. UPI accounted for what percentage of India’s digital transactions in 2025?
(a) 65%
(b) 70%
(c) 85%
(d) 90%
Answer: 85%
Explanation: UPI made up around 85% of all digital transactions in India in 2025, showing its dominance.

Q4. Which of the following countries is the first in Europe to adopt UPI?
(a) Germany
(b) France
(c) Spain
(d) Italy
Answer: France
Explanation: France became the first European country to operationalize UPI payments.

Q5. UPI was developed by which organization?
(a) RBI
(b) SEBI
(c) NPCI
(d) NITI Aayog
Answer: NPCI
Explanation: UPI was developed by the National Payments Corporation of India (NPCI), an initiative of the RBI and Indian Banks’ Association.

Q6. What was the main reason for the UPI transaction surge in October 2025?
(a) Government subsidy
(b) Festive season (Diwali)
(c) New tax rule
(d) Decrease in online fraud
Answer: Festive season (Diwali)
Explanation: The increase in digital payments was mainly due to Diwali-related shopping and festive spending.

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