UPI completes 10 years, now about 86% of India's digital transactions

16 August 2026National

The Unified Payments Interface (UPI) completed 10 years and now accounts for roughly 86% of India''s digital transactions. UPI was launched by the National Payments Corporation of India (NPCI) in 2016 and has become the backbone of India''s real-time retail payments.

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UPI launched: 2016 | Operator: NPCI (est. 2008) | NPCI is an RBI & IBA initiative | UPI is live in UAE, Singapore, France, Sri Lanka, Bhutan, Nepal

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UPI completed 10 years and now handles about 86% of India''s digital transactions; it is operated by NPCI.

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