Asia
IndiaIndia's UPI Surpasses Visa in Daily Transactions
India's Unified Payments Interface (UPI) has surpassed Visa in daily transaction volume, processing 822 million transactions daily compared to Visa's 650 million.
Background
India has been actively promoting digital payment systems as part of its financial inclusion initiatives. The Unified Payments Interface (UPI) is a real-time payment system developed by the National Payments Corporation of India, facilitating inter-bank transactions.
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India's UPI Surpasses Visa in Daily Transactions
First report 5h agoLast update 5h ago1 takes 1
upi dominanceneutralShow 1 post
started 5h ago•Last update 5h ago
UPI has achieved global dominance in daily transactions, highlighting its success and widespread adoption.
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