India Accounts for Nearly Half of Global Digital Transactions with Recorded 240 Billion Payments in 2025–26 The Bridge Chronicle
India

India Accounts for Nearly Half of Global Digital Transactions with Recorded 240 Billion Payments in 2025–26

BRICS nations agree to expand cooperation in AI, 6G, cybersecurity and digital public infrastructure; India will share its digital public infrastructure models

Ankur Nikam

Pune, 22nd August 2026: India has made rapid progress in digital payments, with nearly half of the world's digital transactions taking place in the country. Around 240 billion transactions were carried out through UPI in 2025–26, Union Communications Minister Jyotiraditya Scindia said in Pune on Friday.

Join our WhatsApp Channel to Stay Updated!

Scindia said India's low-cost and widely accessible digital payments model has attracted global attention and can serve as an example for other countries.

The telecommunications ministers of BRICS member countries, Brazil, Russia, India, China, South Africa and Egypt, met in Pune to discuss cooperation in digital technologies.

The meeting focused on:

  • Digital connectivity

  • Artificial intelligence

  • 6G technology

  • Cybersecurity

  • Digital public infrastructure

  • Digital skills development

The BRICS countries agreed to increase cooperation and exchange knowledge and technology in these areas.

Scindia said India has proposed sharing successful digital public infrastructure models with BRICS countries. The proposal includes joint training programs, technical exchanges and cooperation in telecommunications, cybersecurity, artificial intelligence and 6G technology.

India will also support pilot projects in interested countries to demonstrate its digital solutions.

Scindia said India has made significant progress in telecommunications, with 4G services reaching every village and 5G services expanding rapidly across the country.

He said India's digital transformation has been driven in part by its ability to provide digital and telecom services at relatively low cost and on a large scale.

The BRICS meeting also stressed that digital transformation should be inclusive, secure, reliable and sustainable rather than focusing only on speed and technological growth.

The participating countries agreed to strengthen cooperation to promote innovation and improve digital skills among citizens. The Digital BRICS Forum will also be strengthened to support continued collaboration among member countries.

Join our WhatsApp Channel to Stay Updated!

Help Us Create the Content You Love

Take Survey Now!

Enjoyed reading The Bridge Chronicle?
Your support motivates us to do better. Follow us on Facebook, Instagram, Twitter and Whatsapp to stay updated with the latest stories.
You can also read on the go with our Android and iOS mobile app.

Pune: Congress, ABVP Workers Face Off at COEP Ahead of Rahul Gandhi’s Student Event

42,000 Students Register for Rahul Gandhi’s ‘Chhatron Ki Goonj’ in Pune; 1,200 police to be Deployed

"It Took 8 Hours": Rahul Gandhi Slams Centre Over FIR in Student Pellet Injury Case

NCERT Political Science Panel Has 4 Members With RSS Links

Government denies ethanol role in sugar price surge, cites duty-free imports to curb costs

SCROLL FOR NEXT