How UPI powering digital payments in India?

Unified Payments Interface (UPI), launched in 2016 by the National Payments Corporation of India (NPCI), has gone a long way toward making digital payments a habit and firmly putting India on the path to a cashless economy. In October 2022, 365 banks were active on the UPI interface, with 7,305 million financial transactions totaling nearly Rs 12.11 lakh crores

   
UPI powering digital payments in India

Unified Payments Interface (UPI), launched in 2016 by the National Payments Corporation of India (NPCI), has gone a long way toward making digital payments a habit and firmly putting India on the path to a cashless economy. In October 2022, 365 banks were active on the UPI interface, with 7,305 million financial transactions totaling nearly Rs 12.11 lakh crores

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