RISHI SURI
Over the past decade, India has built the world’s largest real-time payments system. By using public infrastructure to expand financial inclusion, it offers a model for other developing countries that want to modernize payments without being dependent on a few multinational corporations.
On most days, India quietly does something that no other country has ever done at such a scale: it moves money instantly, billions of times, for free. The country’s Unified Payments Interface (UPI) has unleashed a financial revolution that now runs silently in the background of chai stalls, small shops, and cabs. And this success story is no longer just about fintech. It signals India’s arrival as a global economic and high-tech superpower.
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