UPI payment extended to travellers coming from G-20 countries to India, says RBI
Travellers coming to India will soon be able to use Unified Payments Interface (UPI) for retail payments in the country. The Reserve Bank of India (RBI) on February 8, 2023, announced that the UPI merchant payment facility will be extended to inbound travellers to India
“UPI has become hugely popular for retail digital payments in India. It is now proposed to permit all inbound travellers to India to use UPI for their merchant payments (P2M) while they are in the country,” RBI Governor Shaktikanta Das said while announcing the outcome of the bi-monthly Monetary Policy Committee on Wednesday
Which travellers can use UPI for merchant payments in India?