Oct. 23, 2025
Businessworld – UPI Lights Up Diwali With Record Rs 1.02 Lakh Cr Transactions
India’s digital payments ecosystem reached new heights this Diwali, as the Unified Payments Interface (UPI) recorded its highest-ever single-day transaction value and volume. According to data from the National Payments Corporation of India (NPCI), UPI transactions on Diwali eve (18 October) surged to 754 million, amounting to a record Rs 1.02 lakh crore — underscoring how festive fervour and lower GST rates have powered India’s cashless economy.
