Technology 101: UPI Payment System of India: History & Coverage
The Unified Payments Interface (UPI) is transforming India’s digital payment landscape, facilitating real-time transactions through a user-friendly mobile interface. Since its launch in 2016, UPI has enabled seamless money transfers, promoting financial inclusion and digital literacy across urban and rural areas. With over 400 million users and record transaction volumes, UPI is becoming indispensable for consumers and businesses alike. Photo by Andrea Piacquadio from Pexels
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