UPI at 10 Years: 24,162 Crore Transactions in FY26
Why in the news
The Unified Payments Interface hit its tenth anniversary in August 2026, with usage numbers that show how quickly it scaled.
Key facts
- Anniversary: ten years on 25 August 2026.
- Share of digital payments: roughly 84% in FY26.
- Volume: 1.78 crore (FY17) to above 24,162 crore (FY26) transactions a year.
- Value: ₹0.07 lakh crore to about ₹314 lakh crore.
Growth over a decade
| Metric | FY17 | FY26 |
|---|---|---|
| Annual transactions | 1.78 crore | Over 24,162 crore |
| Annual value | ₹0.07 lakh crore | About ₹314 lakh crore |
Exam angle
- Full form: Unified Payments Interface.
- Share of digital payments in FY26: about 84%.
- Value in FY26: around ₹314 lakh crore.