Graphic of the Day: UPI payments get smaller

The average value of a UPI transaction has dropped 16 percent since FY23, suggesting increased use for small-ticket payments

  • Published:
  • 07/08/2025 01:20 PM

India’s UPI revolution is maturing. Average ticket size has declined 16 percent over two years, now at ₹1,402 in FY25. While volumes surge, the drop in value points to greater use for everyday low-ticket transactions—a sign of deepening digital adoption.