UPI services start in Sri Lanka and Mauritius

The expansion aims to streamline and expedite digital transactions for Indian citizens travelling to Sri Lanka and Mauritius, reported businesstoday.in. Further, individuals from Mauritius visiting India will now have the convenience of utilising UPI for their payment needs

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Services of India’s Unified Payments Interface (UPI) have been launched in Sri Lanka and Mauritius after it was introduced in France the previous week. This expansion aims to streamline and expedite digital transactions for Indian citizens travelling to Sri Lanka and Mauritius, reported businesstoday.in. Further, individuals from Mauritius visiting India will now have the convenience of utilising UPI for their payment needs.

Amit Kumar, Chief Technology Officer of Easebuzz, said, “India’s UPI has become the go-to payment method for the majority of the country’s population, with over 300 million active users. Now, not just Indians but even NRIs can benefit greatly from UPI payments, as it offers the convenience of making payments and money transfers not only while visiting India but also when they are abroad. With an increasing number of NRIs expected to use UPI, Indian payment technology will emerge as a significant player on a global scale, placing UPI at the forefront of international payment and money transfer networks.”

UPI is going global with the ongoing initiatives of the Indian government to make UPI accessible in several countries. NRIs can activate UPI by linking their international mobile numbers to their NRE/NRO accounts

NRIs can effortlessly make seamless payments in India and other countries. Shikhar Aggarwal, Chairman of BLS E-Services, said, “NRIs can use UPI to pay merchants in their country of residence as and when NPCI ties up with the respective country’s payment network. NPCI has tie-ups with multiple countries, including Australia, UAE, Saudi Arabia, Singapore, USA, Qatar, Hong Kong, UK, Canada, Oman, and France.”

UPI is going global with the ongoing initiatives of the Indian government to make UPI accessible in several countries. NRIs can activate UPI by linking their international mobile numbers to their NRE/NRO accounts. “NRIs can now use their international mobile number linked to their NRE or NRO Bank account to conduct UPI transactions. This obviates the cost of maintaining an Indian mobile number for the NRIs while living abroad and allows them to use UPI with their international mobile number,” said Aggarwal.

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