PayPal Partners with NPCI to Launch Global UPI-Enabled Payments Platform

 


In a significant step towards globalizing India's digital payment infrastructure, PayPal has partnered with the National Payments Corporation of India (NPCI) to launch a Unified Payments Interface (UPI)-enabled global payments platform. This collaboration aims to allow Indian users and international merchants to leverage the speed, convenience, and security of UPI for cross-border transactions.

The integration will enable seamless real-time payments across countries, providing Indian users with more options for global e-commerce and digital transactions. It also marks a milestone in UPI's global expansion and aligns with India’s push to internationalize its indigenous payment systems.

This move is expected to enhance financial inclusion, simplify international transactions for small businesses and freelancers, and further solidify India's role as a leader in fintech innovation.


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