Which country is no. 1 in digital payments?

India has emerged as the global leader in fast payments, according to a recent note by the International Monetary Fund. This is primarily driven by the Unified Payments Interface (UPI), which processes billions of transactions monthly. UPI now powers nearly 50 per cent of global real-time digital payments, making India the world's number one real-time payment system and transforming the nation into a digital-first economy.