#Upi

India's UPI is now live in 7 countries for merchant payments. But the real prize — replacing Western Union in the $100 billion remittance corridor — requires solving problems that no QR code can fix.

UPI now accounts for 57% of all transactions in India, surpassing cash for the first time. A DFS report details the socio-economic transform while ₹230 trillion in transaction value sets new records.