India’s digital payment ecosystem continues to grow rapidly with UPI (Unified Payments Interface) recording 18.40 billion transactions worth ₹24.04 lakh crore in June 2025, according to data released by the National Payments Corporation of India (NPCI). The figures represent a 32% year-on-year growth in transaction volume and a 20% increase in transaction value compared to the same month last year.
June’s daily average was equally impressive, with 613 million transactions per day and a daily average value of ₹80,131 crore. While there was a slight dip in volume from 18.68 billion transactions in May 2025, the data still reflects the strong and consistent performance of India’s real-time digital payment system.
This milestone comes at a time when India is marking 10 years of the Digital India initiative, which has significantly changed the way Indians access technology, public services, and financial tools.
Prime Minister Narendra Modi, in a LinkedIn post titled “A Decade of Digital India”, highlighted the transformation. “India Stack, which is our digital backbone, has enabled platforms like UPI, which now handles 100+ billion transactions a year. Around half of all real time digital transactions happen in India,” the post stated.
In 2014, India had around 25 crore internet connections. That number has now crossed 97 crore, supported by 42 lakh kilometres of optical fibre cable connecting even remote villages. As PM Modi noted, “Digital India is everywhere—from how we govern, to how we learn, transact, and build.”
The surge in UPI usage underlines the growing trust and adoption of digital payments by everyday citizens. UPI’s PIN-less options like UPI Lite, Soundbox confirmations for merchants, and broader access to mobile payments have made it easier for small businesses, rural users, and urban consumers alike to transact digitally.
With UPI now accepted internationally in countries such as the UAE, Singapore, France, and Sri Lanka, India’s digital innovation is also gaining global recognition. As PM Modi stated, “Digital India has not remained a mere government program; it has become a people’s movement.”
As India moves into its next phase of digital transformation, UPI continues to stand as a key pillar of inclusive growth, financial empowerment, and innovation.
