India

UPI instant payments network grows from 1.78cr annual transactions to 24,162 crore

SHIVANGHI PAYAL24 Aug 2026, 11:28 amUpdated 11h ago1 min readIndiaIndia

India — SHIVANGHI PAYAL

UPI instant payments network grows from 1.78 cr annual transactions to 24,162 crore

India's Unified Payments Interface (UPI) is currently facilitating an impressive 66 crore transactions each day. Since 2016, the growth in its transaction volume has skyrocketed by an astounding 13,000 times. UPI has established itself as a foundational component of India's digital public infrastructure and has been recognized by the International Monetary Fund as the leading real-time payment system globally.

This report is published with credit to Times of India. The wire sent a summary; open the original for any extra context. Read on Times of India →

Source: Times of India · SHIVANGHI PAYAL. Published 24 Aug 2026, 11:28 am.

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