UPI Celebrates 10 Years as World's Largest Real-Time Payment Platform

The Unified Payments Interface (UPI), launched in 2016 by the National Payments Corporation of India under the Reserve Bank of India, marks its 10th anniversary. UPI has grown exponentially, now processing over 24,162 crore transactions annually and exceeding a value of ₹314 lakh crore in FY 2025-26. With participation from over 700 banks, UPI accounts for 49% of the world's real-time payment volume. The platform drives both retail and significant fund transfers, positioning India as a global leader in digital payments.

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