Festive spending drives record UPI transactions in October

Avgerage daily value of UPI transactions crosses ₹1 lakh crore in October 2026

The average daily volume of UPI transactions also rose to the highest level in a month so far at 821.69 million in October 2026 against 802.28 million in September 2026.

Festive spending drives record UPI transactions in October

UPI processed transactions worth Rs 31.53 lakh crore during the month, a 16% rise from a year earlier and the highest on record, signalling that the platform continues to expand even as consumers navigate higher prices of electronics and other festive purchases this year.

UPI crosses 25-billion transactions for first time in Oct despite MDR debate; daily value tops Rs 1 lakh crore

MUMBAI: UPI transactions crossed the 25-billion mark for the first time in October, while average daily transaction value breached Rs 1 lakh crore for the

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.