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UPI Clocks Record Growth In 5 Years As India's Digital Payment System Expands To 12 Countries

Published

20 July 2026

Topic

technology

Sectors

Fintech

Geography

India

Source

Read at freepressjournal.in

Verified

Fusion42 · 20 July 2026 · Fusion42 review

UPI processed 24.16 trillion transactions worth $37.7bn in FY 2025–26, up from 18.59 trillion the prior year, while expanding cross-border services to 12 countries including Singapore, UAE, France, Nepal, Qatar, Greece and Cambodia. The platform now has 554.9 million users and NPCI has introduced enhanced security frameworks including risk-based transaction limits and mobile application security standards.

This Wire brief sits within Fusion42's coverage of Fintech, and 32 sources have reported it between 20 Jul 2026 and 2 Sep 2026.

◆ The Wire takeaway

If you're building payment infrastructure in Southeast Asia, South Asia or the Gulf, UPI is now a live rails alternative to Visa and SWIFT. You can integrate into one of 12 countries' banking networks without building bilateral connections yourself.

Coverage

32 sources · first reported 20 Jul 2026 · latest 2 Sep 2026

Topics

Fintechupi-expansionreal-time-paymentscross-border-settlementdigital-infrastructureemerging-markets