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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. 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 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.

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Topics

Fintech · upi-expansion · real-time-payments · cross-border-settlement · digital-infrastructure · emerging-markets