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    UPI transactions rise 22% in November, touch ₹26.32 lakh crore: NPCI data

    1 month ago

    Yugcharan News | Updated: 2 December 2025

    Unified Payments Interface (UPI) continued its strong growth momentum in November, recording a 22% year-on-year rise in transaction value, reaching ₹26.32 lakh crore, according to the latest data released by the National Payments Corporation of India (NPCI).

    In terms of transaction count, UPI processed 20.47 billion payments, marking a 32% increase compared to the same period last year. On a daily basis, the platform handled around 682 million transactions, with an average daily value of ₹87,721 crore.

    The growth was steady even when compared with October, as the system saw a 16% rise in transaction value and a 25% increase in total transactions month-on-month.

    Rise in Aadhaar-enabled transactions

    NPCI also reported an uptick in Aadhaar-enabled Payment System (AePS) transactions, widely used in rural areas for cash withdrawals using Aadhaar authentication.
    In November, AePS recorded ₹28,428 crore worth of transactions, reflecting a 19% annual increase. The total number of AePS transactions touched 108 million, up 17% from last year.

    UPI prepares for a European debut

    In a major development, India has moved closer to offering UPI-based payments in Europe. After discussions with the European Central Bank, the Reserve Bank of India (RBI) has begun the implementation phase to link UPI with Europe’s TARGET Instant Payment Settlement (TIPS) system.

    The integration is being carried out in partnership with NPCI International Payments Limited (NIPL). The RBI said it will work closely with European authorities on technical integration, settlement processes, and risk management before making the service operational.

    TIPS is an instant payment system operated by the Eurosystem, which includes the European Central Bank and central banks of eurozone nations.

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