If you are travelling to any country this summer, you don t need to get the Indian Rupee converted to the local currency but can use your phone’s app to make payments via UPI.
UPI was launched by the National Payments Corporation of India (NPCI) in 2016 and has rapidly gained momentum. The widespread adoption of UPI underscores the urgent need for secure, efficient, and user-centric payment methods
It is believed that this partnership will help accelerate UPI’s global acceptance, providing foreign merchants access to Indian customers who do not need to rely on foreign currency or forex cards for making digital payments.
Singapore brands are seeking to drive efficiencies by deploying technology solutions that improve workflow efficiency (70%) and implementing generative AI (59%). This comes as brands in Singapore prioritise customer experiences to drive growth, but are challenged by reduced budgets, according to new
Prime Minister Narendra Modi and Sri Lanka President Ranil Wickremesinghe have signed an agreement to bring Unified Payments Interface (UPI) to Sri Lanka. There are many other countries which have started adopting India’s UPI technology to facilitate digital payments. Watch Business Today visual story to know Steps to use Paytm, PhonePe other UPI apps in other countries for NRIs with international numbers or Indians travelling abroad