UPI dominates digital payments in India, accounting for about 85% of the total volume of retail digital payments, per regulatory data.
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India has emerged as a global leader in real-time digital payments, primarily driven by the Unified Payments Interface (UPI). Launched in 2016, UPI has revolutionized India's payment ecosystem, processing over 18 billion transactions monthly and accounting for 85% of the country's digital payments.
UPI dominates digital payments in India, accounting for about 85% of the total volume of retail digital payments, per regulatory data.
UPI dominates digital payments in India, accounting for about 85% of the total volume of retail digital payments, per regulatory data.
UPI now powers around 85 per cent of all digital transactions in India and nearly 50 per cent of all real-time digital payments across the world.
UPI now powers around 85 per cent of all digital transactions in India and nearly 50 per cent of all real-time digital payments across the world.
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