India’s Unified Payments Interface has crossed 20 billion monthly transactions for the first time, processing Rs 28 lakh crore in value during March 2026. The milestone underscores UPI’s transformation from a domestic payment system into a model that countries worldwide are seeking to replicate.
The National Payments Corporation of India (NPCI) announced that UPI now has 450 million active users, with rural transactions growing at 35% year-on-year compared to 18% in urban areas, indicating deepening financial inclusion.
Seven countries have now adopted or are piloting UPI-based systems, including Singapore, UAE, France, and Sri Lanka. NPCI International has signed agreements with 12 more nations for potential UPI deployment.
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