Found 3 results for "UPI"
The Digital India Programme completed 11 years on July 1, 2026. UPI processed 24,162 crore transactions in FY 2025-26 and is now live in 8 countries.
The Unified Payments Interface (**UPI**) completed **10 years** on August 25, **2026**, after growing into the world's largest real-time payment system by transaction volume.
The Finance Ministry introduced a Bill to amend the **Payment and Settlement Systems Act, 2007**, allowing **Merchant Discount Rate** (**MDR**) to be levied on specified **UPI** and other digital-payment transactions.
