New Delhi, Nov. 3 -- Any cricket fan knows that a debut can create a media frenzy, but to build a career, a player needs to perform consistently well. The same applies to UPI, which has made a confident debut in 11 countries, including Singapore, France, and the UAE.

UPI's dominance in domestic payments and the IMF's recognition of it as the world's largest real-time payment system by transaction volume have made it an attractive export. With new country announcements taking place as regularly as UPI breaks monthly volume records, a bigger question is whether the global push can benefit Indian firms and how.

UPI processed more than 24 billion transactions worth over Rs.29 trillion in September 2026. In FY2025-26, it comprised 84% of Ind...