UPI record: Daily transactions exceed ₹1 lakh crore in Oct; 9502 transactions per sec

UPI set a new record in October 2026. Average daily transaction value surpassed ₹1 trillion for the first time. A total of 25.47 billion transactions worth ₹31.53 trillion were processed during the month. Festive shopping boosted digital payments. Meanwhile, the decision to implement MDR charges on merchant transactions exceeding ₹2,000 has been postponed until after Diwali.

Kolkata: India’s most popular digital payment platform, UPI, set a new record in October. For the first time, daily transactions through UPI exceeded ₹1 lakh crore on average. The total transaction value for the month reached ₹31.53 lakh crore. This record is believed to be due to increased shopping and spending during the festive season. National Payments Corporation of India (NPCI) data show a total of 25.47 billion transactions were processed through UPI in October. An average of 821 million transactions, or 821 million, were recorded daily during this period. Significantly, UPI........

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