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Wire · operational-macro

UPI completes 10 glorious years, Emerges as World's Largest Real-Time Payments Platform ...

Published

2 November 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at pib.gov.in →

◆ Verified

Fusion42 · 2 November 2026 · Fusion42 review

India's Unified Payments Interface (UPI) completed 10 years, becoming the world's largest real-time payments platform by transaction volume with over 24,162 crore transactions valued at ₹314 lakh crore in FY 2025-26, supported by 700+ banks and extensive adoption domestically and internationally.

This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it between 25 Oct 2026 and 2 Nov 2026.

◆ ◆ The Wire takeaway

The dominance of UPI signals a shift in digital payment preferences in India, opening opportunities for fintech founders to integrate or build on this widely adopted platform to access large retail and merchant user bases rapidly.

◆ Coverage

3 sources · first reported 25 Oct 2026 · latest 2 Nov 2026

◆ Related on Wire

◆ Topics

Fintechupidigital-paymentsindiareal-time-paymentsfinancial-inclusion