India, April 11 -- The Government of India has issued a release:
UPI: A Radical Innovation
21.70 Billion
Rs.28.33 Lakh Crore
81%
49%
UPI: World's largest real-time payment system by volume (IMF)
Under 10 Years
Transactions in January 2026 alone
Value processed in January 2026
Share of all retail digital transactions in India
India's share of global real-time payment transactions
Time taken to build a world-leading payments ecosystem
Not long ago, a simple financial transaction demanded time, effort, and patience. Paying bills meant standing in long queues. Sending money required a visit to the bank, filling out forms, and waiting days for confirmation. For millions in India without access to banking, it meant ...