Unified payments interface: Abstract

Abstract: The Unified Payments Interface (UPI) has rapidly emerged as a disruptive, low-cost digital payment infrastruc- ture that transforms mobile and merchant payments in India. This paper presents an in-depth empirical and technological analysis of UPI — its architecture, adoption trajectory, compar- ative performance across bank categories, and socio-economic impact. Using secondary data from industry reports (NPCI, RBI) and synthesized bank-level statistics for FY 2022–23, we apply ... We would like to show you a description here but the site won’t allow us. We would like to show you a description here but the site won’t allow us. Unified Payments Interface or UPI is a real-time payment system developed by the National Payments Corporation of India (NPCI) that enables instant money transfers between two bank accounts using a mobile platform.