UPI completes 10 years of digital payments, sees 13,000-fold surge in transaction volume, 4,000-fold rise in value
Image used for representational purposes only. | Photo Credit: J. Allen Egenuse The Unified Payments Interface (UPI), launched on 25 August, 2016, by the National Payments Corporation of India (NPCI) has completed 10 years of transforming digital payments in India. UPI has emerged as the backbone of India’s digital payments ecosystem and a critical driver…