UPI Hits Record 21.63B Transactions in December, ₹27.97T Value Surge

UPI hit a record 21.63 billion transactions in December 2025, worth ₹27.97 trillion, underscoring its dominant role in India’s digital payments. This equals about 698 million transactions daily, driven by strong consumer and merchant use. Year-on-year, volumes rose ~29% and value ~20%, while month-on-month, volumes grew ~5.7% and value ~6.3%, showing a strong year-end rebound.