India's UPI payment system expands to Sri Lanka

[{"selector":"#anim-cad4c029-c8c6-435d-906b-58a87d816824","keyframes":{"opacity":[0,1]},"delay":0,"duration":7000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-79123b4e-533e-45ae-8bc3-2be89946b005","keyframes":{"transform":["rotate(105deg) translate3d(0px, 134.36168%, 0) rotate(-105deg)","rotate(105deg) translate3d(0px, 0px, 0) rotate(-105deg)"]},"delay":0,"duration":7000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Brush Stroke India's Unified Payments Interface (UPI) technology will now be accepted in Sri Lanka, expanding from its previous adoptions in France, UAE, and Singapore.

[{"selector":"#anim-1fa700e9-6e77-444e-a753-f81810e34bdc","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-06eb9107-8c5d-40ab-88e4-27d73190aca4","keyframes":{"transform":["translate3d(0px, 16.98018%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Brush Stroke India and Singapore have agreed to link their payment systems in February 2023, allowing real-time, cross-border transactions via QR-codes or mobile numbers linked to bank accounts.

India's Reserve Bank (RBI) proposed that all inbound travellers to India can use UPI for their payments, initially at select international airports for G20 travelers.

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