UPI has emerged as a default payment mode across India's diverse user segments, accelerating economic progress.
FinTech BizNews Service
Mumbai, June 2, 2025: In May 2025, UPI reached a new milestone, processing a record 1868 crore transactions above Rs25 lakh crore up from 1789 crore (Rs 23.9 lakh crore) in April underscoring UPI’s strong and sustained growth trajectory. Mr. Deepak Chand Thakur, CEO & Co-founder of NPST, explains the UPI phenomena: There has around 23% rise in UPI transactions to Rs25.14 Lakh Crore in May 2025. What began as a payment interface has evolved into a powerful digital ecosystem enabling not just transactions but also digital commerce and a range of allied services. UPI now accounts for nearly 45% of global digital transactions and around 80% of India’s digital payment volumes.
UPI has emerged as a default payment mode across India's diverse user segments, accelerating economic progress. This momentum is driven by deeper rural penetration, growing merchant adoption, innovative use cases like UPI-based credit, and the expansion of cross-border payment corridors.
As a technology enabler, NPST remains committed to supporting this transformation through secure, scalable, and future-ready transaction processing and merchant acquiring infrastructure, benefiting all entities in the value chain."
