UPI accounts for nearly half of global real-time payments: How India became the world leader

UPI now accounts for nearly 49% of global real-time payment transaction volume, marking a decade of rapid growth that has transformed how India pays and does business. From 1.78 crore transactions in FY2016-17 to over 24,162 crore in FY2025-26, UPI’s scale has turned India’s digital payments infrastructure into a global benchmark.