UPI Recognized as World's Largest Real-Time Payment System by IMF; Accounts for 49% of Global Transactions

India, Dec. 8 -- The Government of India has issued a release:

Countries

Transaction Volume

% Share of Global real-time payment platform

India

129.3

49%

Brazil

37.4

14%

Thailand

20.4

8%

China

17.2

6%

South Korea

9.1

3%

Others

52.8

20%

Total

266.2

100%

(in Billions)

The International Monetary Fund (IMF) report on 'Growing Retail Digital Payments (The Value of Interoperability)' dated June 2025 had recognized Unified Payments Interface (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.

The detailed comparison illustrating UPI's ...