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

By
Samreen Wani
Last Updated: Aug 07, 2025, 13:20 IST1 min
(FILES) A sample of a semiconductor chip†made by Taiwan Semiconductor Manufacturing Company (TSMC). Image:I-HWA Cheng / AFP
(FILES) A sample of a semiconductor chip†made by Tai...
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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.

First Published: Aug 07, 2025, 13:20

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Samreen Wani
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