banking.foundation / Payments / Unified Payments Interface (UPI)
Payment network · Instant payments · India
Unified Payments Interface (UPI)
India's real-time account-to-account payment system, launched by NPCI in 2016, using virtual payment addresses and QR codes through bank and third-party apps. One of the world's highest-volume retail payment systems, processing billions of transactions per month.
- Type
- Instant payments
- Operator
- National Payments Corporation of India (NPCI)
- Region
- India
- Currency
- INR
- Launched
- 2016
- Settlement model
- instant, 24/7 (deferred net interbank)
- Website
- www.npci.org.in
Approximate reference data from public sources · seed-0.1 · 2026-08-28 · not real-time, not advice. See data & methodology.
# this page as data
GET https://banking.foundation/api/v1/payment-networks/upi