UPI instant payments network grows from 1.78 cr annual transactions to 24,162 crore
India's Unified Payments Interface (UPI) facilitated 66 crore transactions daily, growing from 1.78 crore annual transactions in 2016 to 24,162 crore. This represents a staggering increase of 13,000 times in transaction volume, establishing UPI as a key part of India's digital infrastructure and earning recognition from the International Monetary Fund as the top real-time payment system globally.