India’s UPI For Payments Soaring From Local To Global

We have our phones all the time, wherever we go, including bathrooms, and UPI has made it easier to make payments. Whenever you run out of cash, you can just take out your phone, scan the code, and its done, without any fuss.

From buying a home decor to buying a lemon, UPI can be used anywhere and anytime, the only thing that has been an issue with the UPI is that it wasn’t available in foreign countries till now. 

However, the good news is that India’s UPI Payments has been extended to other countries, and you will soon be able to use it. France recently came in terms with India, and now Indians travelling to France can now pay via UPI.  The UPI transactions will begin from the Eiffel Tower.

The National Payments Corporations of India is in talks with several other countries as well, so that people travelling to these countries from India can pay via UPI. 

The CEO of Bank Bazaar, Adil Shetty said, “There will be more operational clarity once the implementation gets underway, but broadly there will be two benefits: Indians abroad will be able to make UPI payments from their Indian bank accounts linked to their international mobile numbers, and Indians travelling abroad will be able to make forex payments via UPI where available.”

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