wordpress blog stats
Connect with us

Hi, what are you looking for?

Google Pay signs deal with NPCI for global expansion of UPI

The deal between the two entities looks to increase use of UPI outside India by travellers, ease the process of cross-border remittances, and establish a similar digital payment system in other countries.

Google Pay has signed an agreement with the international arm of the National Payments Corporation of India (NPCI) to expand UPI globally, NPCI said in a press release dated January 17.

The deal signed between the two entities has the following objectives:

  1. Broaden the use of UPI for travellers outside of India by enabling them to make UPI payments to merchants abroad via Google Pay. NPCI is working to increase UPI acceptance in various countries through partnerships with payment companies and regulators abroad. Here is a full list of countries where UPI is making headway.
  2. Ease the process of cross-border remittances by utilizing the UPI infrastructure, reducing dependence on conventional money transfer channels. Currently, Singapore and India have linked their remittance systems for cross-border UPI payments.
  3. Establishing a UPI-like digital payment system in other countries.

“UPI has demonstrated to the world the step change that happens in economies with the introduction of interoperable, population-scale digital infrastructure and each economy that joins such networks will create an impact beyond the sum of parts. We are very excited about the scope of this collaboration.” — Deeksha Kaushal, Director, Partnerships, Google Pay India

PhonePe is the other major UPI app that has signed deals with NPCI to increase UPI’s international presence. The app already allows users to make UPI payments in Bhutan, Singapore, Nepal, UAE, and Mauritius at select merchants.

Also Read


STAY ON TOP OF TECH NEWS: Our daily newsletter with the top story of the day from MediaNama, delivered to your inbox before 9 AM. Click here to sign up today!


Written By

Free Reads


Experts debate the efficacy of ex-ante regulation in India's fast-evolving digital market. Is preemptive control the answer?


Lacking plans about the use and regulation of artificial intelligence, use of drones, health stack, cybersecurity and Smart Cities, the manifesto does not have...


WhatsApp’s new policy lowers the age limit to 13, facing fierce criticism from child protection groups in Europe.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...


Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...


The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...


Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...


Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ