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UPI Turns 10 With 66 Crore Daily Transactions as IMF Names It Global Leader
Business
Published on 1 May 2026
The IMF calls it the world’s largest real-time system
UPI marks its 10th year since launch in April 2016, growing from 2 crore to 24,162 crore transactions and handling a massive share of real-time payments worldwide. Finance Ministry data says 703 banks are now live and UPI processes around 66 crore transactions daily. The IMF has also described UPI as the world’s largest real-time payment system.
- UPI now processes about 66 crore transactions daily
- 703 banks are live on the UPI network
- UPI handles 49% of global real-time payments
- IMF calls it the world’s largest real-time payment system
Read the full story at Republic
This summarization was done by Beige for a story published on 
Republic