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India Leads the World in Fast Payments with UPI: IMF Report Highlights 18 Billion Monthly Transactions
India is now the fastest in the world for retail digital payments, with UPI processing over 18 billion transactions monthly, as per the IMF. The report attributes this success to UPI's real-time, interoperable infrastructure and its ability to reduce cash dependency across the country.
Jul 11, 20253 min read
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