UPI: Leading the Digital Payment Revolution

Unified Payments Interface (UPI) has officially surpassed Visa to become the world’s leading real-time payment system, processing over 650 million transactions daily. Amitabh Kant, the former CEO of Niti Aayog, celebrated this milestone on X, highlighting UPI's remarkable growth in just 9 years.

A Global Digital Payments Force

Despite Visa’s presence in over 200 countries, UPI’s reach across just 7 nations and its higher daily transaction count underscore its potential as a global leader in digital payments. The IMF's recent Fintech Note acknowledges India's leadership in faster payments, thanks to UPI's explosive growth since its 2016 launch.

Transforming Lives and Economies

Developed by the National Payments Corporation of India (NPCI), UPI is an instant inter-bank payment system designed for mobile platforms. Dominating India’s electronic retail payments space, it processes over 18 billion transactions each month, transforming the lives of citizens and setting a benchmark for digital payment systems worldwide.