India's UPI Revolution Powers 50% Of World's Digital Payments

India tops global fast payments rankings, UPI leads the charge: IMF

Today, UPI accounts for 85% of all digital payments in India, connecting 491 million users, 65 million merchants, and 675 banks on a single platform.

India's UPI Revolution Powers 50% Of World's Digital Payments

India is now a global leader in fast payments and theUnified Payments Interface (UPI)is the main driver, as per the InternationalMonetary Fund(IMF).

India's UPI Overtakes Visa to Become World's Leading Real-Time Payment System: IMF

India’s homegrown digital payment platform, the Unified Payments Interface (UPI), has now become the world’s largest real-time payments system by volume, surpassing global financial giant Visa. This remarkable development was highlighted in a recent report by the International Monetary Fund (IMF), which praised UPI for its scale, efficiency, and impact on financial inclusion. The IMF’s fintech report, titled “Growing Retail Digital Payments: The…

India’s UPI powers 50% of global real-time digital payments

New Delhi: India has become a world leader in digital payments, with its Unified Payments Interface (UPI) accounting for almost half of the global real-time payments. UPI alone had 18.39 billion transactions in June 2025, worth Rs 24.03 lakh crore, which is a 32 per cent year-on-year increase. Having been introduced in 2016 by the National Payments Corporation of India (NPCI), the platform has transformed the way money moves in the country, safe…

India Tops Global Digital Payment Charts as UPI Crosses 18 Billion Monthly Transactionsl Economy India

With over Rs24 lakh crore worth of real-time transactions processed in June 2025, UPI strengthens India’s position as a global digital leader New Delhi (Economy India): India has solidified its position as a global digital payments leader, with the Unified Payments Interface (UPI) registering a record-breaking 18.39 billion monthly transactions in June 2025. According to the latest International Monetary Fund (IMF) report, UPI now accounts for t…

India emerges as number 1 in the world in digital payment

India has secured the first position in the world in the fast and secure digital payment sector. According to a recent report by the International Monetary Fund (IMF), India has achieved this position in digital transactions thanks to the Unified Payments Interface (UPI). Launched by the National Payments Corporation of India (NPCI) in 2016, UPI has become the easiest and most popular way to transact money in the country today. With the help of …