India, Aug. 25 -- India's Unified Payments Interface (UPI), which completed 10 years on August 25, 2026, has witnessed a massive surge in transaction value, rising from Rs 0.07 lakh crore in FY17 to around Rs 314 lakh crore in FY26.
The more than 4,000-fold increase has cemented UPI's position as a key pillar of India's Digital Public Infrastructure, offering real-time and interoperable payments for both peer-to-peer and merchant transactions.
UPI has also played a significant role in expanding digital financial services, promoting financial inclusion and enabling wider participation in the formal digital economy across the country.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....