UPI hits record Rs 31.53 lakh crore in October on festive spending

Picture: ET Tech · see the original ↗

UPI processed transactions worth Rs 31.53 lakh crore in October, a 16% rise from a year earlier and the highest monthly figure on record. The surge came during the festive season, even as consumers faced higher prices for electronics and other festive purchases. The platform continues to expand despite the pricier buying environment, per ET Tech on 1 November 2026.

Source: ET Tech ↗