India's Unified Payments Interface (UPI) introduction and scaling (2016–2021)

1. NPCI created to run retail payment rails

   Dec 1, 2008Labels: NPCI, RBI

   • NPCI
   • NPCI Site

2. UPI publicly launched as real-time bank payments

   Apr 11, 2016Labels: UPI, NPCI

   • UPI
   • Bharatpedia

3. Third-party apps begin scaling UPI usage

   Aug 1, 2016Labels: Third-party apps, PhonePe

   • PhonePe Blog
   • UPI

4. Demonetisation accelerates demand for digital payments

   Nov 8, 2016Labels: Demonetisation, Government of

   • RBI
   • AP News

5. BHIM app released to popularize UPI

   Dec 30, 2016Labels: BHIM, NPCI

   • BHIM
   • NDTV

6. Google launches Tez, expanding UPI into Big Tech

   Sep 18, 2017Labels: Google Tez, Google

   • BusinessStd
   • Google Blog

7. UPI 2.0 launched with overdraft and mandates

   Aug 16, 2018Labels: UPI 2, NPCI

   • UPI
   • DeccanHerald

8. UPI reaches ₹1 trillion monthly transaction value

   Dec 1, 2018Labels: UPI

   • BusinessStd

9. UPI crosses 1 billion transactions in a month

   Oct 1, 2019Labels: UPI, NPCI

   • TimesofIndia

10. UPI AutoPay launched for recurring payments

    Jul 22, 2020Labels: UPI AutoPay, NPCI

    • PR Newswire
    • EconomicTimes

11. UPI reaches 2 billion monthly transactions

    Oct 1, 2020Labels: UPI

    • TechCircle
    • Inc42

12. WhatsApp Pay approved for limited UPI rollout

    Nov 6, 2020Labels: WhatsApp Pay, NPCI

    • TIME
    • FinExpress

13. UPI sets a new high above 3 billion monthly transactions

    Jul 1, 2021Labels: UPI

    • BusinessStd