India, Aug. 14 -- The value of Unified Payments Interface (UPI) transactions in India was Rs.25 lakh crore in July 2025. Given the fact that UPI came into being less than a decade ago - it was launched in July 2016 - and had transactions of just Rs.38 lakh in its first month, this is a huge revolution in India's payments space. What do Indians UPI on? Who do they UPI to? (Yes, it's now a verb that can be used in several contexts, that's how popular it is) . How popular is UPI compared to other retail payment methods? Here are three charts which answer these questions.

Published by HT Digital Content Services with permission from Hindustan Times....