Countries Accepting UPI Payments
UPI is now available in Sri Lanka and Mauritius. This helps make transactions between India and these countries easier, which can improve their economic relationships.
UPI was officially launched in France. This happened at the Eiffel Tower during a special event, showing that people around the world are becoming more interested in using this payment system.
Google Pay made a deal with NPCI to bring UPI to other countries. They might start by offering UPI in Southeast Asia.
Other important news:
- The Reserve Bank of India (RBI) increased the limit for automatic payments through UPI to Rs 1 lakh. This means people can use UPI for bigger transactions.
- NPCI is working to fix recent problems with UPI transactions. Some banks had issues with their UPI services, but NPCI is trying to solve these problems.
- There’s worry among traders after some problems with Paytm, which is a big player in UPI. People are concerned about the future of the platform and whether it will remain stable.
List of Countries Accepting UPI Payments Other Then India
| Country | Date |
| Bhutan | 13 July, 2021 |
| United Arab Emirates | 21 April, 2022 |
| Malaysia | 2021 |
| Singapore | 21 February, 2023 |
| Nepal | December 2023 |
| Oman | December 2023 |
| Qatar | 15 March, 2023 |
| Russia | April 2023 |
| France | 2 February, 2024 |
| Sri Lanka | 12 February, 2024 |
| Mauritius | 12 February, 2024 |
| United Kingdom | Ongoing |
Future of UPI
The future of UPI (Unified Payments Interface) looks good and there are some things we can expect:
- More Places to Use: UPI is already in some other countries like Sri Lanka, Mauritius, and France. It might spread to even more places around the world, making it easier for people to pay no matter where they are.
- Better Features: UPI might get even better with new things like using your fingerprint to pay or using new technology like blockchain. This could make it safer and easier to use.
- More People Using It: As more people learn about UPI and see how useful it is, more people will start using it instead of cash. This could help more people get access to banking and help the economy grow.
- Rules and Laws: The government will keep making rules to make sure UPI works well and is safe to use. They might make rules to make it easier for different payment systems to work together, and to keep your information safe.
- Working Together: Banks, tech companies, and governments will keep working together to make UPI even better. By working together, they can make sure that UPI keeps improving and helps more people.
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