• Shashwat Srivastav
• Kajal Chaurasiya
• Sajid Ali
• Shatrughan Mishra

The Unified Payment Interface (UPI) has transformed transactional procedures and significantly altered India's digital payment landscape. UPI was implemented in 2016 by the National Payments Corporation of India (NPCI) to enable simple and secure money transfers between bank accounts. With 48.6 billion transactions completed in 2021, India will top the globe in real-time payment transactions. Our data shows that UPI has saved the Indian economy around $67 billion since its debut. The noteworthy influence arises from UPI's capacity to optimize monetary transactions, diminish dependence on tangible debit cards, and augment user expediency. India's digital payment environment has seen a dramatic change because to the Unified Payment Interface (UPI), which has changed transactional procedures. The National Payments Corporation of India (NPCI) launched UPI in 2016 to facilitate safe and easy money transfers across bank accounts. With 48.6 billion transactions completed in 2021, India will lead the globe in real-time payment transactions. Our analysis shows that UPI has saved the Indian economy approximately $67 billion since its launch. The significant impact stems from UPI's ability to streamline financial transactions, reduce reliance on physical debit cards, and increase user convenience.

Unified Payments Interface (UPI), Digital Payments, ATM Integration

"Rapid Unified Payment Interface Automated Teller Machine", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 4, page no.l275-l279, April-2024, Available :http://www.jetir.org/papers/JETIR2404B36.pdf

"Rapid Unified Payment Interface Automated Teller Machine", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 4, page no. ppl275-l279, April-2024, Available at : http://www.jetir.org/papers/JETIR2404B36.pdf