List of Countries Accepting UPI Payment 2024 - Breaking News India List of Countries Accepting UPI Payment 2024 - Breaking News India

List of Countries Accepting UPI Payment 2024

The scope of Unified Payment Interface (UPI) services is gradually increasing. The names of Sri Lanka and Mauritius have also been added to this list. The Ministry of External Affairs said in a statement that India has emerged as a new global leader by strengthening the network of fintech innovation and digital services.

Countries Accepting UPI:

Payment Interface (UPI) services are gradually increasing. The names of Sri Lanka and Mauritius have also been added to this list. RuPay card services have also been started along with UPI in both of these countries.

List of Countries Accepting UPI Payment 2024

India has emerged as a new global leader by strengthening the network of fintech innovation and digital services, the Ministry of External Affairs said in a statement, PM Modi stressed on sharing India’s development experiences and innovation with partner countries Is.

Benefits of UPI services outside India:

Today, Indians travelling to countries where UPI services are available are taking better advantage of this facility. Also, citizens of these countries can make better use of it while travelling to India.

UPI may start soon in these countries:

India’s neighboring country Nepal may soon become a country to use UPI services. In December 2023, Indian Ambassador Naveen Srivastava said that the digital payment gateway between India and Nepal could be launched by February 2024.

An agreement for this was signed between NPCI and Nepal Clearing House Limited (NCHL) during the visit of the Nepalese Prime Minister to India last year. It is noteworthy that in January last year, NPCI had announced the extension of UPI for NRIs using international mobile phone numbers from 10 select countries

Apart from this, many European countries can also start this facility soon. It can also be launched soon in countries like Thailand, Saudi Arabia, Australia, USA, Bahrain, Japan, and the Philippines.

How does UPI work?

NPCI launched UPI services in the year 2016. UPI system is a mobile application-based system which provides the facility of payment from bank accounts. It is governed by RBI and IBA (Indian Banks Association).

It became popular on a large scale in India during the Covid pandemic. With more than 380 million users, UPI had recorded 74 billion transactions amounting to $1.53 trillion in 2022. PhonePe is at the forefront in terms of UPI transactions, followed by Google Pay and Paytm respectively.

In which countries UPI service is running:

Bhutan became the first country other than India to facilitate transactions through Unified Payment Interface (UPI) through the BHIM app. The list of countries accepting payment through UPI system is given below-

CountryYear
Bhutan2021
Malaysia2021
United Arab Emirates2022
Singapore2023
Oman2023
Qatar2023
Russia2023
France2024
Sri Lanka2024
Mauritius2024
United KingdomNegotiations continue
NepalTalks continue

The scope of Unified Payment Interface (UPI) services is gradually increasing. The names of Sri Lanka and Mauritius have also been added to this list. The Ministry of External Affairs said in a statement that India has emerged as a new global leader by strengthening the network of fintech innovation and digital services. Countries Accepting…

The scope of Unified Payment Interface (UPI) services is gradually increasing. The names of Sri Lanka and Mauritius have also been added to this list. The Ministry of External Affairs said in a statement that India has emerged as a new global leader by strengthening the network of fintech innovation and digital services. Countries Accepting…

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