UPI Transactions Touches Record High In March 2025; Surpasses Rs 24.7 Lakh Crore

UPI Transactions In March 2025: Transactions through the Unified Payments Interface (UPI) reached a record high of Rs 24.77 lakh crore in March, registering a growth of 12.7 per cent over the previous month, data released by the National Payments Corporation of India (NPCI) said.

UPI transactions worth Rs 21.96 lakh crore in February were recorded. NPCI said the transaction value in March was Rs 24.77 lakh crore, compared to Rs 19.78 lakh crore in the same month last year.

Dilip Modi, founder and CEO, of Spice Money, said in a statement that UPI transactions worth a record Rs 24.8 lakh crore were transacted in March 2025, representing a 25 per cent growth in value over the previous year and an impressive 36 per cent growth in volume, reflecting the unstoppable momentum of India’s digital payments revolution.

He said that the average daily transactions were Rs 79,903 crore, up 1.9 per cent from February, while volumes were up 2.6 per cent, highlighting the rapid adoption and trust in digital financial solutions.

NPCI, an initiative of the Reserve Bank of India (RBI) and the Indian Banks Association, is an umbrella organisation for managing retail payments and settlement systems (IBA) in India.

NPCI runs the Unified Payments Interface (UPI), which is used for real-time payments between peers or between merchants while making purchases.

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