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From Cutting Chai to Cutting-Edge: UPI Outpaces Visa in Global Payment Race

Updated: July 16, 2025 22:51

Image Source: ianslive

India's Unified Payments Interface (UPI) has transformed the nation's digital economy and created a new world standard, Union IT Minister Ashwini Vaishnaw stated on the 10th anniversary of Digital India. Not only has UPI become the payment choice of tea stall vendors and vegetable stall vendors, but it now officially surpassed Visa in daily transactions globally—a feat being celebrated as a symbol of the nation's digital revolution.

Key Highlights

UPI Surpasses Visa:

UPI had crossed 650 million transactions per day in May 2025, overtaking Visa's 639 million to be the largest real-time payments platform in the world.

National Potential:

The take-up of UPI has reached grass-root India, being utilized by small shopkeepers, tea shop owners, and vegetable sellers today—facilitating even rural and distant communities.

Dramatic Growth:

In 2024, the UPI handled 172 billion value transactions of ₹247 lakh crore, recording 46% volume and 35% value growth annually. As of May 2025, monthly transaction value leaped to over ₹25 lakh crore—12 times the total value of all card payments in India.

Global Impact:
UPI processes 85% of India's digital payments and accounts for nearly half of the world's digital transactions. Its strong expansion is now making it the cross-border and domestic retail payments market leader.

Digital Inclusion Success:

The success of Digital India is attested to by the stories of Village Level Entrepreneurs (VLEs) such as Odisha's Manjulata and Meghalaya's Rose Angelina, who have employed digital skills to transform their lives.

Government Incentives:

The government encouraged small merchants with UPI, allowing simple, zero-cost digital payments of up to ₹2,000 and easy adoption by micro-enterprises. Minister's Statement: When the world wanted to know how a vegetable vendor or a tea vendor can make online payments, that has become a reality now—UPI payments have surpassed Visa payments. This is the strength of 1.4 billion Indians," Vaishnaw asserted.

Source: The Shillong Times, PIB, Times of India, Organiser, Economic Times, The Trending People, IANS

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Key Highlights Kanpur district has kicked off Groundwater Awareness Week, which will last from July 16 through 22, as a collective effort to bring citizens, institutions, and government agencies together for improved water management. The initiative is an immediate response to local apprehensions of dwindling aquifers in the region and seeks to educate, motivate, and involve the community through practical conservation measures and awareness drives. Community-Based Engagement and Educational Activities District Magistrate Jitendra Pratap Singh pointed out that all the government departments, local educational institutions, colleges, and schools are involved in the observance. Various activities—workshops, seminars, quiz competitions, and field visits—are being organized to enhance public awareness about groundwater's vital role in daily life. The event's core message, "If water is safe then tomorrow is safe," resonates through school curricula and public exhibitions, with rainwater harvesting, recharge pits, rejuvenation of traditional ponds, and drip/sprinkler irrigation showcased as achievable solutions. Groundwater Conservation Successes and Solutions Kanpur's recent prosperity has its roots in a state-level commitment: over the past seven years, 34 development blocks in Uttar Pradesh have overcome long-standing water scarcity through composite interventions. Some of the key strategies include construction and rejuvenation of ponds for recharging aquifers, constructing check dams, and promoting water-conserving agriculture practices such as drip and sprinkler irrigation. Successful enforcement of the Uttar Pradesh Groundwater (Management and Regulation) Act 2019 has facilitated stricter regulation, monitoring, and sustainable extraction, with every district constituting a special Groundwater Management Council. Success stories like the Noon River revival—the revival of a historically significant 48-km river in Kanpur through a mix of community initiative, satellite mapping, afforestation, and pollution control—underscore the transforming potential of collaborative citizen and government effort. Jal Shakti Abhiyan and Statewide Momentum The Jal Shakti Abhiyan-VI, which was started in March 2025, also continues to complement these initiatives by focusing on people's involvement in water conservation, water body rejuvenation, and rainwater harvesting initiatives. Through years of collaborative efforts, Kanpur endeavors to stimulate behavior change at the grassroots level, guarantee future water security, and serve as a role model for other districts facing similar challenges. Sources: Times of India, Instagram, CGWB

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