{
  "id": 17760937,
  "title": "UPI Transactions Rise 5.8% MoM To Record 25.47 Bn In October",
  "url": "https://urgent.news/2026/11/02/upi-transactions-rise-5-8-mom-to-record-25-47-bn-in-october",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-02T06:41:31.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/upi-transactions-rise-5-8-mom-to-record-25-47-bn-in-october/"
  },
  "original_language": "en",
  "account": "UPI transaction volume surged 5.8% month-over-month to a record 25.47 billion in October, as reported by the National Payments Corporation of India (NPCI). This marks the first time UPI processed more than 25 billion transactions in a single month, with total payment value reaching over ₹30 lakh crore. The value of UPI transactions grew 7.4% MoM to ₹31.53 lakh crore, reflecting a 23% increase year-over-year. Average daily transaction volume reached 822 million, up from 802 million in September, while the average daily transaction value rose to ₹1,01,707 crore from ₹97,913 crore. Merchants should prepare for the upcoming introduction of merchant discount rate (MDR) charges on select UPI payments above ₹2,000, with a cap of ₹300 on transactions exceeding ₹75,000.",
  "summary": "UPI transaction volume rose 5.8% MoM to a record 25.47 Bn in October from 24.07 Bn in September, according to…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}