UPI transactions rebound in May with 18.68 bn payments; 33% yearly surge

Unified Payments Interface (UPI) recorded a strong recovery in May 2025, processing 18.68 billion transactions, up from 17.89 billion in April, according to data released by the National Payments Corporation of India (NPCI) on June 1. The May figures also mark a 33 per cent year-on-year (YoY) jump compared to 14.03 billion transactions in the same month last year.