UPI surge: India leads in fast payments; 18bn monthly transactions...

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UPI surge: India leads in fast payments; 18bn monthly transactions power growth

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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.

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