
For example, an Indian user browsing an online store in the United States to buy a pair of sneakers will now see a UPI button after clicking the PayPal option at checkout. This allows them to complete the transaction using their UPI account, just as they would for any domestic payment.
Ritesh Shukla, Managing Director and CEO of NPCI International Payments Limited, welcomed the development. He said, "The integration of UPI on PayPal World's platform will mark a significant step in expanding UPI's global footprint. It aligns with our vision to make cross-border payments more seamless, secure, and inclusive. This collaboration will enhance convenience for Indian users making payments abroad and enable global businesses and merchants to tap into a growing base of UPI users."
The company stated that collaboration includes global partners representing nearly two billion users worldwide. These include Mercado Pago (MOU signed, further details being scoped), NPCI International Payments Limited (UPI), PayPal, Tenpay Global, and Venmo.
The platform also benefits users from other countries. For instance, a PayPal user travelling to China can make payments at a cafe that accepts Weixin Pay simply by scanning the code using their PayPal app.
Similarly, a Venmo user in the US can send money to a friend in Germany by typing in the phone number and selecting the PayPal wallet. This step marks a new beginning for global digital payments, especially for Indian users who rely heavily on UPI for everyday transactions. With PayPal World, sending money or shopping across borders will be easier than ever.
(This report has been published as part of the auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)
-
Cyber audit to be carried out in all the govt departments
-
Nuclear submarines, K-6 missiles, MIRV systems…: India capable of defeating US, China in…, coward Pakistan accuses Modi govt of…
-
LS polls in Karnataka ‘stolen’, we found out EC’s ‘game’: Rahul Gandhi
-
China appreciates India’s “easing cross-border travel” as “beneficial”
-
Manchester Test, Day 1: England claim three wickets to peg India back in fruitful second session