₹1 lakh crore in 2017-18 to ₹139 lakh crore in 2022-23 at a CAGR of 168%. The Unified Payments Interface (UPI) is India's mobile-based fast payment system, which facilitates customers to make round-the-clock payments instantly using a Virtual Payment Address (VPA) created by the customer.
So far, several countries, including Sri Lanka, France, the UAE, Singapore, Sri Lanka, and Mauritius have partnered with India on emerging fintech and payment solutions. Milestone Alert!
Livemint tops charts as the fastest growing news website in the world