India’s Unified Payments Interface (UPI) has once again reaffirmed its position as the world’s leading real-time digital payments platform, according to two major international reports. The International Monetary Fund (IMF) , in its June 2025 report titled “Growing Retail Digital Payments (The Value of Interoperability)”, recognized UPI as the largest retail fast-payment system (FPS) globally in terms of transaction volume.

Further, the ACI Worldwide “Prime Time for Real-Time” 2024 report revealed that UPI accounts for a remarkable 49% of all global real-time payment transactions, far surpassing every other country’s system.

This information was shared by Minister of State for Finance, Shri Pankaj Chaudhary, in a written reply to the Lok Sabha today. The findings underline India’s rapi

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