NPCI reports that UPI transactions have increased to 18.68 billion, up from 14.03 billion last year.

The value of UPI transactions increased by 5% last month, from Rs 23.95 lakh crore in April to Rs 25.14 lakh crore. This is an increase of 23% from Rs 20.45 lakh crore in May of the previous year. 602 million transactions were made on average each day, with an average daily transaction value of Rs 81,106 crore.

Following a strong recovery in April, the Unified Payments Interface (UPI) processed 18.68 billion transactions in May, up from 17.89 billion in April. UPI transactions have increased by 33% year over year (YoY) from 14.03 billion transactions in the same month previous year, according to data from the National Payments Corporation of India (NPCI).

Last month, UPI transactions reached Rs 25.14 lakh crore (by value), up 5% from Rs 23.95 lakh crore in April. From Rs 20.45 lakh crore in May of previous year, this is a 23% increase. The average daily transaction value was Rs 81,106 crore, and the average daily transaction volume was 602 million.

The UPI's share of the total transaction volume increased from 79.7% in the previous fiscal year to 83.7% in 2024–2025, strengthening its dominance as the dominant digital payments system in India. 

UPI facilitated 185.8 billion transactions in 2024–2025—a 41 percent rise from the previous year, according to the RBI’s annual report. Value-wise, UPI transactions increased from Rs 200 lakh crore in FY24 to Rs 261 lakh crore. ."The success of UPI placed India in a leadership position with a share of 48.5 per cent in global real-time payments by volume,” the RBI said.

The total amount of digital payments made in the country, including those made through card networks, payment systems, and prepaid payment instruments (PPIs), increased by 35% from 164.4 billion in FY24 to 221.9 billion in FY25.

The total value of digital payments increased 17.97% to Rs 2,862 lakh crore. Additionally, the RBI stated that it is still dedicated to expanding UPI to 20 nations by 2028–2029.

 Bhutan, France, Mauritius, Nepal, Singapore, Sri Lanka, and the United Arab Emirates have already made it possible for Indian tourists, students, and business travelers to use their domestic UPI apps to make merchant payments through QR codes.