UPI Sees Slight Decline in June with 18.4 Billion Transactions
UPI transactions slightly declined in June 2025 with 18.40 billion transactions worth Rs 24.04 lakh crore.
UPI transactions slightly declined in June 2025 with 18.40 billion transactions worth Rs 24.04 lakh crore.
NPCI reported a 19% year-on-year increase in revenue, reaching Rs 3,270 crore for FY25.
Banks may soon monetize UPI transactions by charging large merchants a Merchant Discount Rate (MDR).
UPI reached 18.68 billion transactions in May 2025, a 4.4% MoM increase from April's 17.89 billion.
UPI registered 17.89 billion transactions in April, marking a 2.24% decline from March's 18.30 billion.
UPI recorded 18.30 billion transactions in March, a 13.6% increase from February's 16.11 billion.
The Indian government approved a scheme to encourage small merchants to use digital payments via BHIM-UPI.
UPI recorded 16.11 billion transactions in February 2025, a 5.2% decline from January’s 16.99 billion.
UPI processed nearly 17 billion transactions in January, marking a 39% increase in volume year-on-year.
The Growth of Unified Payments Interface (UPI)