India’s Unified Payments Interface (UPI) has emerged as a powerful driver of financial inclusion, transforming how people send and receive money and accounting for nearly 85% of all digital payments in 2025. Yet this rapid expansion has not benefited everyone equally. For many low-income women—especially those with limited digital access and literacy—bank accounts remain underused, savings stay informal, and digital payments feel out of reach, underscoring the gap between the availability of digital infrastructure and meaningful financial inclusion.