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Google Pay India partners with NPCI to expand UPI services beyond India

IndianStartupNewsIndianStartupNews Ā· 11m
Google Pay India partners with NPCI to expand UPI services beyond India

Google India Digital Services and NPCI International Payments Ltd (NIPL) have signed an MoU to extend the reach of the Unified Payments Interface (UPI) globally. This partnership aims to enable Indian travelers to use UPI payments abroad, establish UPI-like systems in other countries, and simplify international remittances through UPI infrastructure. The collaboration will accelerate the global acceptance of UPI, providing foreign merchants access to Indian customers and simplifying remittances. Google Pay India expressed its commitment to making payments simple, safe, and convenient through this collaboration. UPI has demonstrated significant growth in India, accounting for 62% of digital payment transactions.

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