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India’s UPI digital payment system, used in eight countries, saw over 21 billion transactions in December 2025.
India is expanding its UPI digital payment system to East Asia, with transactions surpassing 21 billion in December 2025 and now accepted in eight countries, including Singapore and the UAE.
The system, managed by NPCI and backed by India’s central bank and banks’ association, accounts for about half of all digital transactions.
Growth is attributed to expanded access through the PM Jan Dhan Yojana and rising account balances.
Officials also stressed the need for better support, market access, and technology to help micro-enterprises grow.
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El sistema de pago digital UPI de la India, utilizado en ocho países, vio más de 21 mil millones de transacciones en diciembre de 2025.