Three years after its launch, India's domestic payments platform—Unified Payments Interface (UPI) has hit a landmark of one billion transactions in October. Moreover, the UPI has also crossed 100 million users, which has made it the fastest adoption of any payments system anywhere in the world. With this achievement, the National Payments Corporation of India (NPCI), which operates the UPI platform, aims to take the network globally by enabling acceptance of UPI in Singapore and the UAE.
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