UPI average daily transaction value crosses ₹1 lakh crore for first time in October

The average daily value of transactions on Unified Payments Interface (UPI) crossed ₹1 lakh crore for the first time in October, as digital payments activity picked up during the festive season. UPI processed transactions worth an average of ₹1,01,707 crore every day during the month, according to data released by the National Payments Corporation of India (NPCI).

In a post on the social media platform X, NPCI shared the monthly data, stating, “Empowering your financial transactions with easy, safe & instant money transfers through UPI. Time to stay #AlwaysForward.”