World

Govt working on to expand overseas presence of UPI: DFS Secretary

January 13, 2026

India is actively working to expand the global presence of its digital payment system, UPI, particularly targeting East Asian countries. Currently operational in eight nations, UPI allows Indian travelers to make seamless payments abroad, and digital transactions in India are now approximately 50% of all payments, largely due to UPI's adoption.

Govt working on to expand overseas presence of UPI: DFS Secretary

Credit: Dailyexcelsior

Key Highlights

UPI is currently accepted in eight countries: Bhutan, Singapore, Qatar, Mauritius, Nepal, UAE, Sri Lanka, and France.
The Indian government aims to expand UPI's reach to more countries, focusing on East Asia.
Digital transactions in India now constitute about 50% of all payments.
The initiative was discussed at the Global Inclusive Finance India Summit.

India Business

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Govt working on to expand overseas presence of UPI: DFS Secretary

Key Highlights

Sources

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