UPI: India tops global digital payment speed charts; IMF highlights fall in cash and card use
Thursday, 10 July 2025 () India leads in faster payments due to the rapid growth of the Unified Payments Interface (UPI), which has become the world's largest retail fast payment system. The IMF Fintech Note highlights UPI's open and interoperable nature as key to its success, leading to a decline in cash usage.
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Delhi: After completing an 11-day visit to Qatar, South Africa, Ethiopia, and Egypt as part of Operation Sindoor Outreach, AAP Rajya Sabha MP Vikramjit Singh Sahney shared key highlights of the trip...