New   AI-assisted compliance for Indian businesses. Plan your India entry → ☎ +91-8595441494 contact@kamrit.com Login →

Digital Economy

UPI transaction volume in India, FY 2021-22 to FY 2024-25

185.8 billion
+41% vs FY 2023-24

UPI transactions processed in FY 2024-25

UPI transaction volume in India, FY 2021-22 to FY 2024-25046.593139.5186billion transactions46FY 2021-2284FY 2022-23131FY 2023-24186FY 2024-25
Source: Reserve Bank of India / National Payments Corporation of India (NPCI) · FY 2024-25

The Unified Payments Interface (UPI) processed about 185.8 billion transactions in FY 2024-25, a 41% increase year on year, with total value of roughly ₹261 lakh crore. UPI accounted for about 83.7% of India's total digital payment volume, making it the world's largest real-time payments platform.

Transaction value in FY 2024-25 was approximately ₹261 lakh crore, up from ₹84 lakh crore in FY 2021-22.

PeriodFY 2024-25
RegionIndia
SourceReserve Bank of India / National Payments Corporation of India (NPCI)
Unitbillion transactions

Frequently asked questions

How many UPI transactions happened in FY 2024-25?

UPI processed about 185.8 billion transactions in FY 2024-25, up 41% from the previous year, worth roughly ₹261 lakh crore.

What share of digital payments is UPI?

UPI made up about 83.7% of total digital transaction volume in India in FY 2024-25.

Related statistics

6.5%
India GDP growth rate
7.83 crore
Registered MSMEs in India
₹22.08 lakh crore
GST collection in India
Using this figure? KAMRIT advises Indian and global businesses on tax, GST, FDI/FEMA, and India entry built on data like this. Talk to our team →