UPI is the world's largest retail fast-payment system by volume, per an IMF report. Transactions jumped from 17.8 million in 2016-17 to 241.62 billion in 2025-26. Now India is asking some merchants to pay, so the system stays sustainable and funds cybersecurity and upgrades. UPI works in 11 countries, helping Indian tourists pay directly from their bank accounts.
Telangana
UPI Forges Ahead, Now Live In 11 Countries
