Visa Falls as UPI's Quarterly Pace Tops Its 71.7 Billion Transactions

India's UPI payment system has surpassed Visa in quarterly transaction volume, reaching approximately 73.53 billion transactions compared to Visa's 71.7 billion. Indian government efforts to integrate UPI with international payment systems pose a growing challenge to Visa in cross-border payments.

This Wire brief sits within Fusion42's coverage of Fintech, and 37 sources have reported it between 20 Jul 2026 and 3 Oct 2026.