PM Modi Hails UPI’s Decade of Digital Payments Transformation Across India

In a social media post, Mr Modi said the sheer scale and reach achieved by UPI are something every Indian must be proud of.

The Unified Payments Interface, launched on this day in 2016, has completed ten years of transforming digital payments in India. Its unprecedented scale and reliability have earned global recognition, with the system now operational across eleven countries.

UPI has emerged as one of the most successful pillars of India’s Digital Public Infrastructure, providing an interoperable, real-time payments platform. Its transaction volume has surged almost 13,000-fold since its launch.

According to the Finance Ministry, annual UPI transaction volume increased from just 1.78 crore transactions in 2016-17 to over 24,162 crore transactions in 2025-26. Transaction value also rose sharply from 7,000 crore rupees to nearly 314 lakh crore rupees during the same period.

By bridging the digital divide, advancing financial inclusion and expanding access to digital financial services, UPI has empowered individuals and communities across the country while driving broad-based economic participation.