Mumbai, Dec. 9 -- Ministry of Finance stated in a latest update that Unified Payments Interface or UPI has been Recognized as world's largest Real-Time Payment System by the International Monetary Fund (IMF). IMF has recognized UPI as the world's largest retail fast-payment system (FPS) by transaction volume. Further, as per ACI Worldwide report on 'Prime Time for Real-Time' 2024, UPI has around 49% share in the global real-time payment system transaction volume. As of October 31, 2025, approximately 5.45 crore digital touch points have been deployed through PIDF in tier-3 to 6 centers. Further, as of FY 2024-25, a total of 56.86 crore QR were deployed to approximately 6.5 crore merchants.

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