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PhonePe has launched ‘UPI International’, a facility allowing Indian travellers to make foreign payments via UPI.
PhonePe has launched a new ‘UPI International’ facility that will now enable PhonePe users to make international payments using UPI. This facility also allows users to make payments using UPI in the local currency of the recipient country.
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PhonePe expects this new UPI international feature to revolutionise the way Indian travellers make payments as they will no longer need to carry international debit or credit cards to make payments.
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These UPI International transactions will be activated on the PhonePe app like regular UPI payments, either at the location of the merchant or before the trip, and can be completed with the use of the user’s UPI pin.
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As of right now, the UPI International service is available for online transactions with local merchants in Bhutan, Mauritius, Nepal, Singapore, and the UAE. More countries are expected to be added to the network soon.
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The UPI International service was developed by PhonePe in collaboration with NPCI Payments International Limited (NPIL), which is a subsidiary of the National Payments Corporation of India (NPCI).
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The UPI International facility is available for both Android and iOS devices by downloading the PhonePe app. As UPI has become a widely used payment method, this facility is expected to help a large number of international travellers.
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