Overview
- Total value reached Rs 26.32 lakh crore in November, slipping from October’s Rs 27.28 lakh crore as ticket sizes eased.
- Volumes were down about 1% month on month, yet rose 32% year on year, with value up 22% versus November 2024.
- Average daily activity in November stood at 682 million transactions with a daily value of Rs 87,721 crore.
- IMPS processed 369 million transactions in November, an 8.6% decline from October, even as UPI usage stayed near peak levels.
- App-wise market-share data for November is pending release after October showed slight share dips for PhonePe and Google Pay and small gains for rivals.