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
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.
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
Using this figure? KAMRIT advises Indian and global businesses on tax, GST, FDI/FEMA, and India entry built on data like this.
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