UPI Powers Digital Revolution
New innovations such as LiteX (offline payments), tap-and-pay, credit card integration, UPI Autopay, and UPI for IPO subscriptionsare pushing the platform from a payment tool to a full-fledged embedded finance ecosystem Unified Payments Interface (UPI) has crossed a major milestone with over 500 million usersand 65 million merchants, establishing itself as more than just a digital payment toolit has become a daily habit for millions of Indians, according to a new report by the National Payments Corporation of India (NPCI) and Boston Consulting Group (BCG). Launched at the Global Fintech Fest (GFF) 2025, the report reveals that UPI now accounts