The Unified Payments Interface (UPI) in August crossed 20 billion transactions, according to the National Payments Corporation of India (NPCI) data on Monday, September 1. This is the first time that the UPI transactions have achieved this number.
In August, UPI transactions reached the 20.01 billion mark, registering a 2.8 per cent increase over July (19.47 billion). On the annual basis, this is a 34 per cent increase.
According to the report, UPI registered transactions totaling Rs 24.85 lakh crore in August, which represents a 24 per cent increase year-over-year.
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Additionally, according to NPCI data, the average number of transactions per day increased to 645 million (from 628 million in July) and the daily transaction value was Rs 80,177 crore.
Posting on X, the Department of Financial Services wrote, “UPI achieves a new milestone with first time crossing 20 billion transactions in August 2025! Thank you, India, for embracing digital payments and driving this revolution forward. Let’s continue the journey of transforming the way we transact!”
UPI achieves a new milestone with first time ever crossing 20 billion transactions in the month of August 2025!
Thank you, India, for embracing digital payments and driving this revolution forward. Let’s continue the journey of transforming the way we transact! pic.twitter.com/xX7ljcHDP6— DFS (@DFS_India) September 1, 2025
Earlier, UPI had achieved a record of crossing 700 million transactions in a single day on August 2.
This milestone comes on the back of steady growth over the past few months. The surge in August came despite the ban on real money gaming platforms.
In June, UPI clocked 18.40 billion transactions worth Rs 24.04 lakh crore. The following month, it saw a sharp rise to 19.47 billion transactions, a 5.8 per cent increase from June, with the transaction value climbing to Rs 25.08 lakh crore.
According to a recent SBI study, Maharashtra consistently led the way in digital payments with a 9.8 per cent share in July alone. Karnataka and Uttar Pradesh came in second and third, respectively, with 5.5 per cent and 5.3 per cent.
“The share of peer-to-merchant (P2M) transactions in total value transactions has increased from mere 13 per cent in Jun 2020 to 29 per cent in July 2025. During the same period, the volume share has increased to 64 per cent from 39 per cent, indicating robust growth in digital payments and financial inclusion,” said the report.
