India's Digital Payments Soar to December 2025 Peak, UPI & FASTag Lead Surge

• India's digital payments hit a record high in December 2025, driven by post-GST cut momentum.
• UPI and FASTag were key contributors, leading the surge in retail and infrastructure payments.
• High-value systems like NEFT, RTGS, and NACH also posted their strongest numbers of the year.
• IMPS saw transaction value rise but volumes decline, indicating a shift towards UPI for everyday payments.
• Credit and debit card usage dipped post-festive peak, with UPI continuing to gain market share.

Why It Matters: India's digital payments ecosystem achieved a new peak in December 2025, with UPI and FASTag spearheading growth.