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UPI transactions surge over 5 years; 12 countries adopt India's digital payment system
◆ Published
23 July 2026
◆ Topic
technology
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 23 July 2026 · Fusion42 review
India's UPI digital payment system has processed 24.2 trillion transactions in FY 2025-26 and expanded to 12 countries via NPCI International Payments Ltd, which launched in 2020 to help foreign institutions build UPI-like real-time payment infrastructure.
This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.
◆ The Wire takeaway
If you're building fintech in Asia-Pacific, the Middle East, or Africa, UPI is now the payments rail your customers expect - and NPCI will help you wire it in at cost rather than let you build it yourself. That's a compression of your time-to-payment by 18 months.
◆ Related on Wire
- UPI transactions surge over 5 years; 12 countries adopt India's digital payment system20 July 2026
- UPI Clocks Record Growth In 5 Years As India's Digital Payment System Expands To 12 Countries20 July 2026
- UPI goes global! Indians can now pay seamlessly in 12 countries; see the full list here21 July 2026
- India Is Exporting UPI Faster Than Ever. The World Is Buying In16 July 2026
- Biometric UPI Transactions Cross 600 Million in June, Value Reaches Rs 25,416 Crore9 July 2026
- UPI biometric transactions hit 611 million in June 2026, valued at ₹25416 crore8 July 2026
◆ Topics
Fintech · upi-adoption · cross-border-payments · payments-infra · india-fintech-export · real-time-payments