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UPI Tops 640 Million Daily Transactions and Handles Rs 24 Lakh Crore in June

IMF data highlight the platform’s global leadership in speed, underscoring its central role in India’s digital payments transformation.

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Overview

  • UPI processed over Rs 24.03 lakh crore in June 2025 across 18.39 billion transactions, marking a 32 percent year-on-year increase.
  • The system now serves 491 million users and 65 million merchants through 675 connected banks.
  • UPI commands 85 percent of India’s digital transactions and nearly 50 percent of global real-time payments.
  • Daily volumes exceed 640 million transactions, surpassing Visa’s daily average of 639 million.
  • The open interoperable network is live in seven countries, including its first European deployment in France.