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UPI vs. Rest of the World: A Closer Look at A Phenomenal Growth Story

One thing that sets India (and China) apart from the rest of the world is its sheer market opportunity. With a billion+ population, Indian consumers hold power to nurture world-class businesses that witness unprecedented growth rates and scale. By establishing itself as one of the leading payment systems in the world with over 989% growth rate (three-year CAGR) since inception, India’s UPI (Unified Payment Interface) echoes this story in the payment systems landscape.

In our previous article, we highlighted how the government-backed UPI is shining among other P2P/P2M system around the globe. UPI has significa ...

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