Here's the list of countries that are currently using Indian Unified Payments Interface (UPI) to facilitate real-time payment.
UPI: Countries Where It's Widely Accepted
Unified Payments Interface (UPI) is a real-time payment system developed by the National Payments Corporation of India (NPCI). It allows users to instantly transfer money between bank accounts using a mobile device. However, this Indian payment system has seen significant adoption globally since its inception on April 11, 2016. As of now, Indian UPI is widely accepted in eight (8) countries, and NIPL is anticipating bringing it live in six (6) more countries, including the United Kingdom (U.K.), Malaysia, Maldives, Thailand, Oman, and Qatar. NIPL made UPI adoption possible through various partnerships with local banks and payment networks to enable QR-based and POS transactions. Quick Hints: NIPL—NPCI International Payments Limited—is a wholly-owned subsidiary of NPCI that was established in April 2020. It was created to take India’s digital payment systems—like UPI and RuPay—global. Its main goal is to expand the reach of these systems to international markets for the purpose of enabli…
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