UPI Transactions Surge 2025:
In 2025, the popularity of the Unified Payments Interface (UPI) continues to rise, with record-breaking transactions in August. According to the State Bank of India (SBI), the average daily value of UPI transactions in August crossed ₹90,000 crore, setting a new milestone. This marks a significant increase compared to January when the daily average stood at ₹75,743 crore. By July, this number had risen to ₹80,919 crore, and August saw further growth surpassing ₹90,000 crore.
The surge in UPI usage is not just in value but also in volume. Reports show that the number of daily UPI transactions has increased by 127 million since January, reaching a total of 675 million transactions per day by August. This growth reflects the increasing reliance of Indians on UPI for various payment needs, ranging from small transfers to larger payments.
SBI data also highlighted that ₹520 crore worth of UPI transactions took place through its accounts, with YES Bank seeing the highest amount of ₹800 crore in transactions. The report pointed out that while government banks are more common as payees, private banks are more frequently the recipients of UPI payments.
Regionally, Karnataka ranked second in terms of UPI usage, contributing 5.5% to the total UPI transaction volume. Maharashtra led the way with a 9.8% share, followed closely by Uttar Pradesh at 5.3%. This reflects the growing digital payment adoption across India.
The trend is clear: UPI is becoming an essential part of everyday financial transactions, offering a fast, secure, and accessible way for people to send and receive money. The future of digital payments in India looks promising, with UPI playing a key role in this transformation.
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