Mumbai, Sept. 8 -- Urging the Fintech industry to help increase the share of non-payment transactions and design curated models to help small businesses, Prime Minister Narendra Modi on Tuesday said "We need to help increase the share of non-payment transactions."In his inaugural address at the Global Fintech Fest 2026 here, he lauded the UPI payment system devised in India, and said, "The impact of UPI payments prompted French President Macron to say that UPI isn't just a tax story, but a civilizational story. UPI is no longer limited to India. A few years ago, if someone had said that payments could be made abroad from an Indian bank account, hardly anyone would have believed it. But it's a reality today".
Modi said that technology can b...