Mon Dec 08 18:53:47 UTC 2025: Okay, here’s a news article summarizing the information:
Original Text: The International Monetary Fund (IMF) has recognised India’s Unified Payments Interface (UPI) as the world’s largest retail fast-payment system by transaction volume, the Parliament was informed on Monday.
News Article:
IMF Hails India’s UPI as World’s Largest Retail Fast-Payment System
NEW DELHI – India’s Unified Payments Interface (UPI) has been officially recognized by the International Monetary Fund (IMF) as the world’s largest retail fast-payment system based on transaction volume. The announcement was made in Parliament on Monday, highlighting the success of the Indian digital payments platform. The IMF’s acknowledgement underscores the growing importance of UPI in India’s financial landscape and its impact on global digital payment trends.
First Piper 