Archive · 6 Jan 2026
India's Digital Payments Peak in December 2025
In December 2025, India saw the highest number of digital payments ever.
UPI and FASTag were the most used.
Other systems like NEFT and RTGS also had a lot of activity.
IMPS was used for bigger payments, while UPI was used for everyday spending.
Card payments were lower than usual.
This happened because of GST cuts and the festive season.
India's digital payments hit record highs in December 2025, led by UPI and FASTag.
NEFT, RTGS, and NACH saw their strongest numbers of the year in December.
IMPS transaction values rose, but volumes declined compared to previous months.
Credit and debit card usage dipped by 15-20% from September's peak.
December outperformed traditional festive spending months like October.
- Who
- Indian digital payment users
- What
- Record high in digital payment transactions
- When
- December 2025
- Where
- India
- Why
- GST rate cuts and festive season momentum
- Date
- January 06, 2026
- Primary Payment Modes
- UPI, FASTag
- High-Value Payment Systems
- NEFT, RTGS, NACH
- IMPS Trend
- Value up, volumes down
- Card Usage
- 15-20% lower than September peak
- Fiscal Year High
- December 2025
- GST Rate Cuts
- Announced in late September 2025
