| # | UPI Implementation Milestones |
Date(s) |
| 1 | 1st UPI Fee Model Consultation period | 11th Jan – 5th Mar 2021 |
| 2 | List of Product Templates published for user information | 30th Apr 2021 |
| 3 | Draft API and Connectivity Specifications (rules of engagement) published | 30th Apr 2021 |
| 4 | 2nd UPI Fee Model Consultation paper published | 10th May – 9th Jul 2021 |
| 5 | Industry Feedback window closes for 2nd UPI Fee Model Consultation | 9th Jul 2021 |
| 6 | Responses to the 2nd UPI Fee Model Consultation published | 30th July 2021 |
| 7 | Final API and Connectivity Specifications (rules of engagement) published | 30th July 2021 |
| 8 | Draft UPI Product Template documentation published | 30th July 2021 |
| 9 | UPI Fee Model Consultation Final Report published | 27th Sep 2021 |
| 10 | Publication of DSB UPI Legal Terms and Conditions Consultation Paper | 2nd Nov 2021 |
| 11 | UPI Legal Consultation - Explanatory Webinar 1 *** Register *** | 9th Nov 2021 |
| 12 | UPI Legal Consultation - Explanatory Webinar 2 *** Register *** | 10th Nov 2021 |
| 13 | UPI Product Templates finalized and published (provisional date) | 30th Nov 2021 |
| 14 | UPI Legal Consultation - Industry feedback deadline | 19th Jan 2022 |
| 15 | Publication of DSB UPI Legal Terms and Conditions Consultation Final Report + UPI Access and Usage Agreement | 12th Apr 2022 |
| 16 | Internal DSB Quality Assurance Testing of UPI Platform (date to be confirmed) | Q1 2022 |
| 17 | UPI User Acceptance and Integration Testing Commences + User on-boarding commences (date to be confirmed) | April 2022 |
| 18 | UPI Production system available – live UPIs can be created and searched (date to be confirmed) | July 2022 |