PhonePe launches ‘UPI International’ for payment to foreign merchants: All you need to know

PhonePe has introduced ‘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,’ PhonePe, the most widely used UPI app in India, has become the first Indian fintech company to enable payments abroad.

The international payments facility would be a ‘gamechanger,’ said Rahul Chari, co-founder and CTO of PhonePe.

“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 Chari in a statement.