UPI Completes 10 Years: India's Digital Payment Revolution
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📌 Summary:
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UPI completed 10 years of operation, processing 24,162 crore transactions worth ₹314 lakh crore total
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UPI commands a 49% share of global real-time payment transactions
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Network spans 703 banks; available in 8 countries including UAE, Singapore, France, UK
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Daily transactions: ~58 crore; peak single-day: 1.07 crore transactions
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Monthly volume (March 2026): 19.78 crore transactions worth ₹22.18 lakh crore
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NPCI launched UPI in April 2016; enabled interoperability across banks via single interface
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Serves 35 crore unique users and 5 crore merchants across India
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Key enabler for financial inclusion: Jan Dhan-Aadhaar-Mobile (JAM) trinity
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Now expanding to G2P payments and cross-border remittances
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