Indians visiting Malaysia will soon be able to pay using UPI
Indian travellers visiting Malaysia will soon be able to pay local merchants directly through their usual UPI apps, following a partnership between Razorpay’s Malaysian entity, Curlec, and NPCI International Payments Limited (NIPL). The agreement, finalised at the Global Fintech Fest 2025, enables instant transactions in Malaysian Ringgit without the need for international cards.
The introduction UPI payments mark a significant step in expanding India’s digital payment infrastructure abroad. For Malaysian merchants, Razorpay Curlec will provide local settlement in Ringgit through its platform, allowing businesses to accept UPI payments without additional integrations.
The collaboration aims to make cross-border payments simpler for Indian visitors and strengthen digital connectivity between India and Malaysia. With travel between the two countries rising, the partnership offers a familiar, low-friction payment method to Indian tourists and opens new revenue opportunities for Malaysian businesses.
According to Razorpay, Indian tourism to Malaysia crossed one million visitors in 2024, with spending rising more than 70% from the previous year. The company said the new payment route aims to reduce cash reliance, lower foreign exchange costs, and improve acceptance for both travellers and merchants.
The initiative builds on India’s expanding real-time payments ecosystem. UPI processed around 20 billion transactions in September 2025, and through Curlec, Razorpay plans to extend this scale to international markets by offering a trusted, real-time payment method across borders.
The introduction UPI payments mark a significant step in expanding India’s digital payment infrastructure abroad. For Malaysian merchants, Razorpay Curlec will provide local settlement in Ringgit through its platform, allowing businesses to accept UPI payments without additional integrations.
The collaboration aims to make cross-border payments simpler for Indian visitors and strengthen digital connectivity between India and Malaysia. With travel between the two countries rising, the partnership offers a familiar, low-friction payment method to Indian tourists and opens new revenue opportunities for Malaysian businesses.
According to Razorpay, Indian tourism to Malaysia crossed one million visitors in 2024, with spending rising more than 70% from the previous year. The company said the new payment route aims to reduce cash reliance, lower foreign exchange costs, and improve acceptance for both travellers and merchants.
The initiative builds on India’s expanding real-time payments ecosystem. UPI processed around 20 billion transactions in September 2025, and through Curlec, Razorpay plans to extend this scale to international markets by offering a trusted, real-time payment method across borders.
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