Unified Payments Interface (UPI) has achieved 23.20 billion transaction counts in the last month. In a social media post, the Department of Financial Services thanked the citizens for embracing digital payments.
UPI has emerged as the world’s largest real-time payments platform, anchoring country’s digital economy. A decade after its launch, UPI has transformed from a fledgling digital experiment into the world’s largest real-time payments platform, powering nearly half of global instant payment transactions. Launched on 11th April in 2016, UPI today stands as the backbone of country’s digital economy driving financial inclusion, enabling seamless commerce and setting global benchmarks in digital public infrastructure.
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