UPI: 55.49 crore users onboarded as of June 2026; transaction volumes and values rise over FY 2021-22 to FY 2025-26
UPI crosses another scale threshold with 55.49 crore users onboarded, while NPCI expands cross-border payment linkages and tightens security controls.
- NPCI operates the Unified Payments Interface under the Payment and Settlement Systems Act, 2007.
- NIPL was incorporated in April 2020 to expand NPCI payment platforms in foreign markets.
- NPCI has issued the Comprehensive UPI Information Security Framework (CUISF) 2025 and the Mobile Application Security Framework.
- UPI is linked with payment systems in several countries for person-to-person remittances and person-to-merchant transactions.
The Unified Payments Interface (UPI) continues to expand as a core part of India’s digital payments architecture. The latest parliamentary reply records 55.49 crore users onboarded on the UPI platform by June 2026 and shows a steady rise in transaction volume and value across recent financial years.
UPI is operated by the National Payments Corporation of India (NPCI), which functions under authorisation granted under the Payment and Settlement Systems Act, 2007. The current data reinforces UPI’s role in financial inclusion, merchant payments, and the wider shift towards cash-light transactions.
What changed
UPSC can frame UPI as an example of digital public infrastructure, financial inclusion, and secure payment architecture. Questions may test the role of the National Payments Corporation of India, the Payment and Settlement Systems Act, 2007, cross-border payment arrangements, and the policy challenge of balancing scale with cybersecurity.
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