UPI takes India to 48.5% share in global real-time payments in FY25: RBI Annual Report
India dominated global real-time payments with 48.5% share in FY25, driven by UPI. UPI transactions increased by 41.7% in volume and 30.3% in value, while NEFT transactions rose by 32.4% and 13.4% respectively. UPI had 84% share in total retail payments, aided by PIDF. PoS terminals increased by 24.7%, UPI QR codes by 91.5%.