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SRC-859b514787f45827 · Source record

NPCI — UPI ecosystem statistics

National Payments Corporation of India · 5 connected claims

D07 · Commerce, Productization & MarketplacesD08 · Finance, Funding, Investment & TradingD13 · Software Platforms, Cloud & IntegrationD19 · Measurement, Experimentation & Economics

Canonical route

https://www.npci.org.in/what-we-do/upi/upi-ecosystem-statistics

Claims connected to this source

  1. MWITA-KI-2026-016NPCI's August 2025 app statistics reported 9,152.54 million transactions for PhonePe, 7,063.76 million for Google Pay and 1,407.23 million for Paytm, indicating high concentration among reported TPAP activity.Evidence A
  2. MWITA-RL-2026-003NPCI recorded 20,008.31 million UPI transactions worth INR 24,85,472.91 crore in August 2025.Evidence A
  3. MWITA-RL-2026-004In August 2025, NPCI's UPI table recorded 12,705.16 million person-to-merchant transactions and 7,303.15 million person-to-person transactions.Evidence A
  4. MWITA-RL-2026-005NPCI's August 2025 payer-app table recorded 9,152.54 million UPI transactions for PhonePe and 7,063.76 million for Google Pay.Evidence A
  5. MWITA-SI-2026-022NPCI's August 2025 remitter statistics show approval rates among major UPI banks ranging from below 86% to above 95%, with debit-reversal success also varying substantially.Evidence A

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