Ten years after its public launch on 25 August 2016, UPI has become the world's largest real-time payment system. Annual transactions exploded from 2 crore in FY 2016-17 to over 24,162 crore in FY 2025-26, worth Rs.314.23 lakh crore. With 55.5 crore users, 741 linked banks and acceptance in a dozen-plus countries — from Singapore's PayNow to the Eiffel Tower — UPI now powers 85% of India's digital payments and nearly half of all global real-time transactions.
