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Indian users can now use the Unified Payments Interface (
UPI) for international transactions through
PayPal, marking a significant development in
cross-border digital payments. PayPal has launched “
PayPal World“, a new global platform designed to connect the world’s leading
digital wallets and payment systems.
The platform’s initial rollout includes interoperability between PayPal and Venmo, and also brings UPI into the network. This means Indian consumers shopping on international websites will be able to complete purchases using UPI directly after selecting the PayPal option at checkout.
For instance, an Indian shopper on a US-based website will now see the UPI payment option integrated with PayPal, allowing seamless completion of the transaction using the UPI app they already use for domestic payments.
As per a report by ANI, Ritesh Shukla, Managing Director and CEO of NPCI International Payments Limited, 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.”
PayPal stated that the platform will include partners representing nearly two billion users worldwide, including NPCI International (UPI), Venmo, Tenpay Global, Mercado Pago, and PayPal itself. The platform also enables users from other regions to benefit. For example, a PayPal user visiting China can make payments using Weixin Pay by scanning a QR code through the PayPal app. Likewise, a Venmo user in the US can send money to a friend in Germany by using their phone number and choosing the PayPal wallet.
The move is expected to simplify global digital transactions for Indian users, who heavily rely on UPI for daily payments. With PayPal World, sending money or shopping internationally is set to become more accessible and efficient.
(With inputs from ANI)