PhonePe enables cross-border UPI payments

PhonePe, India’s largest digital payment company, has announced that it has launched support for ‘UPI international’ payments. This feature allows PhonePe’s Indian users traveling abroad to instantly pay foreign merchants using UPI. The current launch supports all international merchant outlets in UAE, Singapore, Nepal and Bhutan that have a local QR code. Users will be able to make payments in the foreign currency directly from their Indian bank- just like they do with international debit cards. PhonePe is the first fintech app to launch this feature in India.

UPI international is designed to provide safe and easy transactions for millions of Indians traveling overseas.