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Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment

How India's Digital Rails Power Emerging Market Trade

India’s real-time payment system, UPI, has processed over seven billion transactions in a single month, becoming the world’s largest digital payments rail. In this episode, we look at how this infrastructure is being exported to Southeast Asia and Africa, allowing emerging market businesses to settle trade in local currencies without relying on traditional correspondent banking. We examine the specific mechanics of this financial interoperability, why it matters for supply chain resilience, and what it means for global trade finance as of late October 2026.

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