UPI's daily transaction value hits record ₹90,446cr
UPI just set a fresh record in August 2025, with daily transactions averaging ₹90,446 crore—way up from January's ₹75,743 crore.
The number of daily payments also jumped to 675 million, showing how quickly digital payments are becoming the norm.
SBI and Yes Bank lead in outgoing and incoming payments
SBI handled the most outgoing UPI payments this year (5.2 billion), while Yes Bank received nearly 8 billion incoming transactions.
SBI, a public sector bank, leads in outgoing payments, while Yes Bank, a private bank, leads in incoming payments.
Maharashtra tops state rankings
Maharashtra led all states in July 2025 with almost 10% of total UPI transactions, followed by Karnataka and Uttar Pradesh.
This highlights how digital payments are spreading across regions and helping more people access financial services.
PhonePe dominates UPI transactions
In July alone, PhonePe processed nearly 9 billion UPI transactions—more than Google Pay and Paytm combined.
It's proof that a few apps are dominating India's cashless revolution and making fast payments part of everyday life.