IMF Recognises India’s UPI as the World’s Largest Real-Time Payment System

India’s flagship digital payments network, the Unified Payments Interface (UPI), has achieved another historic milestone. The International Monetary Fund (IMF), in its June 2025 report Growing Retail Digital Payments (The Value of Interoperability), has officially recognised UPI as the world’s largest retail real-time payment system by transaction volume — a monumental validation of India’s digital … Continue reading IMF Recognises India’s UPI as the World’s Largest Real-Time Payment System