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    "@id": "https://niharikatimes.com/en/article/pm-modi-urges-fintech-sector-to-expand-beyond-payments-globally",
    "url": "https://niharikatimes.com/en/article/pm-modi-urges-fintech-sector-to-expand-beyond-payments-globally",
    "article_id": 5388,
    "headline": "PM Modi urges fintech sector to expand beyond payments globally",
    "summary": "Prime Minister Narendra Modi has urged India's fintech sector to expand beyond digital payments into areas such as credit, insurance, savings, and pensions. He emphasized increasing the global reach of India's Unified Payments Interface (UPI) by connecting with countries where Indians reside and trade, highlighting existing links like that with Singapore.",
    "articleBody": "Prime Minister Narendra Modi has called on India’s fintech industry to broaden its scope beyond digital payments. Speaking at a recent event, he emphasised expanding into non-payment financial services and extending the global reach of India’s Unified Payments Interface (UPI).\n\nModi said the next chapter for India’s fintech sector should focus on \"non-payment transactions,\" including credit, insurance, savings, and pensions. He highlighted the need to increase these segments alongside payments to strengthen the market.\n\nThe Prime Minister urged efforts to connect India’s payment system with other countries, noting that wherever Indians live in large numbers and wherever India trades extensively, the fintech industry must work to link those regions. He pointed out that India has already achieved such connectivity with Singapore.\n\nModi also stressed that India can set its own rules and standards for digital payments and connect them globally. He said this approach reflects India’s growth momentum, macroeconomic stability, and recent structural reforms, which provide confidence to the world.\nयह भी पढ़ें\nPM Modi and President Putin to hold bilateral meeting on September 11\nMan Posing as PMO Official, Gunman Held at PM Modi's Mumbai Event\nPM Modi’s Freight Corridor Could Transform India’s Goods Movement\nPM Modi returns to Shri Ram College after 13 years\n\nThe Prime Minister recalled that ten years ago, when he spoke about banking at one’s fingertips, many considered it impossible. Now, with UPI live in 11 countries, he wants to push for its global expansion to reduce remittance costs and increase India’s influence in the global payments ecosystem.",
    "word_count": 266,
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    "published_at": "2026-09-08T16:12:56+00:00",
    "updated_at": "2026-09-08T16:12:56+00:00",
    "language": "en",
    "authors": [
        {
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            "name": "निहारिका टाइम्स न्यूज़ डेस्क",
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    "key_takeaways": [
        "PM Modi urges fintech to expand beyond digital payments",
        "Focus on non-payment services like credit and insurance",
        "India aims to connect payment systems globally",
        "UPI live in 11 countries currently",
        "India sets own digital payments rules and standards"
    ],
    "faq": [
        {
            "question": "What non-payment financial services did PM Modi highlight?",
            "answer": "He mentioned credit, insurance, savings, and pensions as key areas for fintech expansion."
        },
        {
            "question": "Why is connecting India’s payment system to other countries important?",
            "answer": "To link regions with large Indian populations and extensive trade, enhancing global fintech integration."
        },
        {
            "question": "Which country has India already connected its payment system with?",
            "answer": "India has established payment system connectivity with Singapore."
        },
        {
            "question": "How does India’s fintech global strategy reflect the country’s economic status?",
            "answer": "It showcases India’s growth momentum, macroeconomic stability, and recent structural reforms."
        },
        {
            "question": "What was PM Modi’s vision for banking a decade ago?",
            "answer": "He envisioned banking at one’s fingertips, which was then considered impossible."
        }
    ],
    "timeline": [
        {
            "date": "10 years ago",
            "event": "PM Modi spoke about banking at one’s fingertips as a future vision"
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            "value": "11",
            "context": "Number of countries where UPI is currently live"
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        {
            "value": "10 years",
            "context": "Time since PM Modi first talked about easy digital banking access"
        }
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    "key_quotes": [
        {
            "quote": "The next chapter for India’s fintech sector should focus on non-payment transactions",
            "speaker": "Prime Minister Narendra Modi"
        },
        {
            "quote": "India can set its own rules and standards for digital payments and connect them globally",
            "speaker": "Prime Minister Narendra Modi"
        },
        {
            "quote": "When I spoke about banking at one’s fingertips, many considered it impossible",
            "speaker": "Prime Minister Narendra Modi"
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