UPI processes 20.47 Bn transactions in November

Unified Payments Interface recorded 20.47 billion transactions in November 2025, slightly below the 20.70 billion transactions reported in October, according to fresh data from NPCI. Despite the marginal month on month decline, UPI transactions grew 32% year on year.

This marks the third time since its launch that UPI has crossed 20 billion monthly transactions, the earlier instances being in October and August this year.

In terms of value, UPI reported Rs 26.32 lakh crore in November compared to Rs 27.28 lakh crore in October. While the annual growth…