UPI Transactions Rise 32% YoY in November 2025: NPCI Report

Current Context: On Dec 1, 2025, the National Payments Corporation of India (NPCI) released the UPI Transaction Data Report for November 2025.

• The report showed 20.47 billion transactions worth ₹26.32 lakh crore, marking a 32% year-on-year growth.
• In November 2024, UPI had processed 15.48 billion transactions, highlighting the sharp rise in usage.
• The average daily transactions crossed 682 million, reflecting India’s strong digital adoption.
• This growth was driven by merchant acceptance, government push for cashless economy, and consumer convenience.
• UPI continues to be the world’s largest real-time payment system, strengthening India’s digital finance ecosystem.
• The report underscores UPI’s role in financial inclusion, transparency, and global digital leadership.

Question:

Q.1 According to NPCI’s UPI Transaction Data Report (Nov 2025), how many transactions were recorded in November 2025?
a) 15.48 billion
b) 18.92 billion
c) 20.47 billion
d) 22.10 billion

Answer: c) NPCI reported 20.47 billion UPI transactions in November 2025, reflecting strong growth in digital payments.