Yes, "UPI" is a valid answer for the crossword clue "longtime newswire init". It stands for Unified Payments Interface, which is an instant real-time payment system developed by National Payments Corporation of India (NPCI) facilitating inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.
UPI was launched in 2016 and has since become one of the most popular payment methods in India. It is used by over 200 banks and has processed over 50 billion transactions.
I hope this helps! Let me know if you have any other questions.
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