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UPI Hits Record 20.7 Billion Transactions In October; Crosses 750 Million/ Day For First Time

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UPI Hits Record 20.7 Billion Transactions In October; Crosses 750 Million/ Day For First Time


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UPI managed by NPCI hit a record 20.70 billion transactions in October 2025, with a single-day peak of 754.37 million.

UPI

India’s flagship real-time digital payments system, the Unified Payments Interface (UPI), managed by the National Payments Corporation of India (NPCI), recorded 20.70 billion transactions in October 2025, marking a new high. This was up from 19.63 billion in September and 20.01 billion in August.

According to NPCI data, the total transaction value rose to Rs 27.28 lakh crore in October, compared to Rs 24.90 lakh crore in September and Rs 24.85 lakh crore in August. On a year-on-year basis, transaction volume increased 25%, while transaction value grew 16%.

October also saw a major milestone, with UPI crossing 750 million transactions in a single day for the first time on October 18, 2025, when it processed 754.37 million transactions — the highest-ever daily record.

UPI Accounts For 84.4% Digital Payment Transaction In Volume

The payments ecosystem in India has witnessed remarkable growth in recent years. In terms of volume, the payment transactions grew from Rs 3,248 crore in CY 2019 to Rs 20,849 crore in CY 2024, and, in terms of value, from Rs 1,775 lakh crore to Rs 2,830 lakh crore during this period, according to RBI’s Payment Systems Report, June 2025.

Unified Payment Interface (UPI) has accounted for 84.8 per cent digital payment share in India in terms of volume in the H1 of 2025, followed by NEFT at 3.9 per cent and IMPS at 2.1 per cent. However, in terms of value, UPS has a share of 9 per cent.

On the other hand, during this period, the Real Time Gross Settlement (RTGS) system recorded the largest share of 69 per cent in terms of value but accounted for the lowest share of 0.1 per cent in terms of volume.

Being a large value payment system, also called wholesale payment system, RTGS, with a minimum transaction amount of Rs 2 lakh, contributes higher in terms of transaction value but records fewer transactions than other payment systems.

In the HY ending June 2025 transaction volume was 12,549 crore, amounting to Rs 1,572 lakh crore.

Digital payment now handles almost 99.8 per cent of volume and 97.7 per cent of value in payment segment of the country.

Varun Yadav

Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

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Ads for British beef and milk banned following Chris Packham complaint

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Ads for British beef and milk banned following Chris Packham complaint



Two ads promoting British beef and milk have been banned after television presenter and environmental campaigner Chris Packham complained that they misled consumers about the products’ carbon footprints.

Both ads for the Agriculture and Horticulture Development Board’s (AHDB) Let’s Eat Balanced campaign used the carbon footprint of British beef and milk to promote the products, firstly stating: “British beef not only tastes great, but has a carbon footprint that’s half the global average*.”

The asterisk linked to text that stated: “Full lifecycle emissions of CO2 eq (carbon dioxide equivalent) per kg of beef.”

The ad for milk stated: “British milk not only tastes good, but is also produced to world-class standards, and has a carbon footprint a third lower than the global average.”

Packham complained to the Advertising Standards Authority (ASA) that the ads, and specifically the carbon footprint claims, were misleading as they did not reflect the full environmental impact of British meat and dairy.

The AHDB said the ads’ mention of carbon emissions would be understood in relation to the environmental impact of beef and milk that occurred between the “cradle-to-retail” stages.

But the ASA said the average consumer “being reasonably well-informed, observant and circumspect” would understand the claims to apply beyond the retail stage and include actions such as cooking and wastage.

The ASA said: “While we acknowledged the potential difficulties in producing post-retail emissions data, the claims in the ads suggested those emissions were included and we therefore expected the evidence provided to also include them.

“We therefore concluded that the evidence presented was insufficient to support the full life-cycle claims in the ads, which was how the average consumer was likely to interpret them.

“We reminded AHDB that environmental claims should be based on the full life cycle unless the ad stated otherwise.”

AHDB’s director of communications and market development, Will Jackson, said: “Let’s Eat Balanced is doing what it was designed to do, providing clear, factual, evidence-led information about British food, nutrition and farming standards.

“Since the investigation began, we have conducted independent consumer research which found that the majority of respondents interpreted these adverts as relating to the production phase only, from farm to retail.

“This research provides important insight into consumer understanding and supports our belief that consumers were not misled by the information we shared in these two specific adverts.”



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Gen Z pros embrace ‘portfolio careers’ as side hustles surge – The Times of India

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Gen Z pros embrace ‘portfolio careers’ as side hustles surge – The Times of India


BENGALURU: India’s Gen Z workforce is embracing what experts describe as “portfolio careers” – balancing multiple professional identities and income streams simultaneously. New research from LinkedIn shows that 75% of Gen Z entrepreneurs in India now manage multiple income streams, significantly higher than the 62% among Gen X entrepreneurs. The findings point to a growing preference among younger professionals for flexibility, autonomy and diversified sources of income. “We’re also seeing the rise of the ‘portfolio era’, with more professionals creating multiple income streams and redefining what a career can look like. This shift is making entrepreneurship more accessible than ever before,” said LinkedIn India country manager Kumaresh Pattabiraman.Rather than depending on a single full-time role, many professionals are simultaneously building businesses, freelancing, consulting, creating online content and monetising specialised skills through digital platforms. The trend comes amid a broader rise in entrepreneurial activity in India. LinkedIn recorded a 104% year-on-year increase in members adding “Founder” to their profiles – the highest growth among all global markets.AI is also emerging as a major enabler of this shift. The report found that 85% of Gen Z entrepreneurs consider AI and digital tools important to their business operations.



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Elon Musk said control of OpenAI should go to his children, Sam Altman tells jury

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Elon Musk said control of OpenAI should go to his children, Sam Altman tells jury



Sam Altman said Elon Musk tried many times for total control of OpenAI, which he’s now suing.



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