PhonePe Offers UPI Payments to its Users for Countries Outside of India

PhonePe, the popular digital payment platform in India, has announced a new service that allows its users to make UPI payments to recipients in countries outside of India. This new feature makes PhonePe the first Indian digital payments platform to offer cross-border UPI transactions.

Quote Unquote: “UPI International is the first major step in letting the rest of the world experience UPI too. I am sure this launch will prove to be a game-changer and will completely transform the way Indians travelling overseas pay at merchant outlets abroad,” said Mr. Rahul Chari, Co-founder & Chief Technology Officer (CTO).

The new service enables Phonepe users to send money to friends and family in over 200 countries across the world, using UPI as the mode of payment. The company has made this possible by partnering with a leading cross-border payments provider to offer seamless and secure transactions.

PhonePe's CEO and founder Mr. Sameer Nigam, stated that this new service will help Indian expatriates and other users who frequently send money overseas.

"We are proud to be the first Indian digital payments platform to offer this service to our users. With this new feature, we are making it easier for people to send money to their loved ones abroad, no matter where they are," he said.

This new service is expected to be a game-changer for the digital payments industry in India. PhonePe has always been at the forefront of innovation and this new offering is a testament to its commitment to providing its users with the best possible experience. The company's vision is to make digital transactions accessible and convenient for everyone, regardless of location.

PhonePe's cross-border UPI payments feature is available to all its users, who can access it through the Phonepe app. The company has assured its users that their transactions will be secure and that it will be using the latest encryption technology to protect their personal and financial information.

With this new offering, Phonepe is poised to further grow its user base and expand its footprint in the digital payments market. The company's innovative approach and commitment to customer experience is expected to drive its growth and help it maintain its position as one of the leading players in the Indian digital payments space.

More on Digital Payment Service Providers:

PayTM Payments Bank Limited (PPBL) on Tuesday said that it has introduced RuPay Credit Card on UPI, allowing its Users to make payments to merchants online and offline.

"The rewards and benefits of RuPay Credit Cards will further be enhanced with the experience of digital enablement and convenience of making all types of payments through a single UPI App. This will lead to a widespread usage of RuPay Credit Cards with convenient and faster payments across online and offline modes,” said Mr. Praveena Rai, Chief Operating Officer for National Payments Corporation of India (NPCI).