Overview

• Daily UPI transactions averaged 596 million in April, up 34% year-on-year, with a total transaction value of Rs 24 lakh crore.
• Sequentially, transaction volumes dipped 2.2% and values fell 3.3% from March, attributed to multiple service outages in March and April.
• NPCI has mandated revised UPI processing standards, effective June 16, to improve response times and reduce transaction delays.
• FASTag and IMPS volumes also grew year-on-year, reflecting broader digital payment adoption across platforms.
• The government aims to achieve one billion daily UPI transactions within 2–3 years, while addressing infrastructure and reliability challenges.