Overview

• UPI currently processes around 580–590 million transactions daily, with March 2025 recording a record Rs 24.77 lakh crore in transaction value.
• Finance Minister Nirmala Sitharaman has directed stakeholders to target one billion daily UPI transactions within the next 2–3 years.
• Key priorities include enhancing infrastructure resilience, real-time monitoring, and cybersecurity to prevent outages and bolster user trust.
• Efforts are underway to onboard 200–300 million additional users and expand merchant participation to broaden UPI’s reach.
• Plans to accelerate UPI’s internationalisation involve developing interoperable frameworks and expanding global payment acceptance.