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India's payment operator is building a framework to register, verify, and authorize AI agents for UPI transactions, extending the UPI Circle delegated payments model into agentic commerce with RBI approval required before launch.

The ledger functions as an orchestration layer for bank-issued tokenized deposits, not as a payment system itself. Each bank maintains deposits on its own ledger while the shared platform coordinates transfers between participants.

In 2025, FedNow settled $853.4 billion across 8.4 million transactions. First-quarter 2026 activity reached 2.7 million transactions valued at $271.3 billion.

Fingerprint and facial recognition authenticated more than 600 million UPI payments in a single month for the first time in June. NPCI disclosed 611 million such transactions worth ₹25,416 crore on July 8, representing 2.7 percent of total UPI volume.

The Central Bank of Sri Lanka replaced its legacy RTGS in March 2024 with an ISO 20022-compliant platform built by Montran. LankaSettle serves 35 participants and handles the country's large-value payments, government securities, and retail payment net obligations.

Bangladesh Bank launched an upgraded RTGS platform on 25 February 2025, replacing the original system that had been operational since October 2015.

Bulgaria's accession to the eurozone on January 1, 2026 retired its domestic RTGS, batch clearing, and instant payment systems. All payment traffic now settles through the Eurosystem's T2, STEP2, and TIPS platforms.