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India's UPI system processes over 18 billion monthly transactions, aiming to become a global standard for fast payments.
India's Unified Payments Interface (UPI) leads global fast payments, processing over 18 billion transactions monthly.
Launched in 2016, UPI connects 675 banks and serves 491 million people and 65 million merchants, accounting for 85% of India's digital transactions.
UPI is expanding beyond India's borders in seven countries and India is pushing for it to become a standard within the BRICS group to boost financial inclusion and enhance its tech leadership.
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El sistema UPI de la India procesa más de 18 mil millones de transacciones mensuales, con el objetivo de convertirse en un estándar global para los pagos rápidos.