PhonePe launched
UPI international
In 2015, the Government of India launched a massive campaign named “Digital India“. This was done to uplift the usage of technology in India and also to make the government services accessible in various parts of the country.
PhonePe has introduced his new feature‘UPI International,’ a facility with which PhonePe users travelling to international destinations can pay foreign merchants via UPI, and in the currency of that country. With ‘UPI International.’
Over the past six years, all over India we’ve been able to experience the UPI payments revolution transforming our daily lives. UPI International is the first major step in letting the rest of the world in experiencing UPI too. I’m sure this launch would prove to be a gamechanger, and completely transform the way Indians travelling overseas pay at merchant outlets abroad, said Rahul Chari, co-founder and CTO of PhonePe.
PhonePe has developed UPI International in collaboration with the NPCI Payments International Limited (NPIL), a subsidiary firm of the National Payments Corporation of India (NPCI).
Now the User can activate their bank account for UPI international on the app. It can either be done at the location where the user wishs to make the payment or prior to the trip.
Right now the online transaction is available for local merchants in Bhutan, Mauritius, Nepal, Singapore and the UAE and soon it will be added in more countries.