UPI Daily Transactions Hit 596 Million in April; Total Value Crosses ₹24 Lakh Crore

India’s Unified Payments Interface (UPI) continued its growth momentum in April 2025, recording a daily average of 596 million transactions, up from 590 million in March, as per the latest data released by the National Payments Corporation of India (NPCI).

Transaction Value Slightly Dips but Remains Robust

While transaction volume grew, the total transaction value saw a slight decline, dropping from ₹24.8 lakh crore in March to ₹24 lakh crore in April. Despite the dip, this marks the twelfth straight month where UPI payment values have surpassed ₹20 lakh crore, reflecting the platform’s sustained usage and popularity.

Year-on-Year Growth Reflects Strong Digital Adoption

UPI has seen impressive year-on-year growth. Compared to April 2023, the number of UPI transactions has increased by 50.7%, while the overall transaction value rose by 21.9%. These figures demonstrate the increasing reliance on digital payments in India, both for small peer-to-peer transfers and large commercial transactions.

FASTag Transactions Also Rise in April

Digital toll payment system FASTag also recorded notable growth during April. Daily transaction volumes climbed to 12.75 million, up from 12.2 million in March. The total value of FASTag payments increased to ₹227 crore, compared to ₹219 crore in the previous month.

This represents a 17% monthly growth in FASTag transaction value, which is a significant jump from the 12% growth reported in March. FASTag continues to streamline toll collection and reduce congestion on highways, making it an essential part of India’s digital mobility ecosystem.

IMPS Sees Minor Uptick in Usage

The Immediate Payment Service (IMPS)—another real-time payment channel under NPCI—also saw a rise in usage. Daily IMPS transaction volume in April reached 14.98 million, up from 14.89 million in March. Although the increase is marginal, it reinforces the broader trend of digital payment adoption across multiple platforms.

NPCI Tightens UPI Response Time Standards

In an effort to further improve the digital payments experience, NPCI has revised response time guidelines for UPI transactions. A circular issued on April 26 outlines new standards aimed at reducing transaction delays and improving efficiency, with implementation set for June 16, 2025.

Key changes include:

• Debit and credit response times will now be limited to 15 seconds, down from 30 seconds.

• Transaction reversals must be processed within 10 seconds, compared to the current 30-second timeframe.

• Address validations are to be completed within 10 seconds, improved from the earlier 15-second limit.

These changes are expected to enhance user satisfaction, reduce friction during high-volume transaction hours, and ensure seamless payment processing.

Emphasis on Reliability Amid Faster Turnaround

While speed improvements are being introduced, NPCI has instructed all participating banks and payment apps to ensure that the new benchmarks do not result in increased technical failures. Maintaining reliability is key, especially as India’s digital payments ecosystem continues to expand across urban and rural regions.

The UPI system has become a critical backbone of India’s economy, supporting retail payments, merchant transactions, and government disbursements alike. As infrastructure scales and standards evolve, the goal remains to offer secure, efficient, and accessible digital payments to all users.