UPI has surpassed Visa with 650m daily transactions: Amitabh Kant

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Unified Payments Interface (UPI) has overtaken Visa to become the world’s leading real-time payment system, processing over 650 million daily transactions compared to Visa’s 639 million. This milestone, achieved in just nine years, underscores UPI’s rapid growth and potential as a global digital payments leader. Developed by NPCI, UPI dominates India’s electronic retail payments and is expanding internationally.
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Unified Payments Interface (UPI) has overtaken Visa to become the world’s leading real-time payment system, processing over 650 million daily transactions compared to Visa’s 639 million. This milestone, achieved in just nine years, underscores UPI’s rapid growth and potential as a global digital payments leader. Developed by NPCI, UPI dominates India’s electronic retail payments and is expanding internationally.

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