UPI Powers India’s Digital Leap with Record Growth and Global Leadership
Janani G 1 day ago Tech News
India’s Unified Payments Interface (UPI) has emerged as the world’s largest real-time payments platform, transforming the nation’s financial landscape. Since its launch in April 2016, UPI has grown exponentially, processing nearly 24,162 crore transactions in FY 2025–26. The transaction value surged to approximately ₹314 lakh crore, reflecting massive adoption across sectors. Today, UPI handles around 66 crore daily transactions, contributing nearly 85% of India’s digital payment volume. Its simplicity, interoperability, and widespread access through over 703 banks have driven financial inclusion, especially in small-value transactions. Recognised by the International Monetary Fund, UPI continues to set global benchmarks in digital public infrastructure.
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