UPI at 10: How India’s payment revolution strengthens national security

Ten years ago, the idea of paying a roadside tea seller, an auto-rickshaw driver or a vegetable vendor by scanning a QR code would have seemed extraordinary. Today, it is routine. Few transformations better capture the scale and speed of India’s digital revolution than the success of the Unified Payments Interface (UPI).

Introduced in 2016, UPI created an interoperable system allowing different banks and payment applications to operate over common infrastructure.