10 years, billions of transactions: How UPI changed Indian payments forever

UPI has truly transformed the landscape of payments in India, evolving into a quick and easy tool for daily use. The remarkable increase in transaction volumes, from 1.78 crore to over 24,162 crore annually, is a testament to its popularity. Currently, UPI represents nearly 49 percent of the global real-time payment market and is utilized in eleven countries, reshaping user expectations regarding the speed and ease of transactions.
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