Now, NIPL Expands UPI to Malaysia Via Partnership With PayNet

Payments body NPCI’s global arm NPCI International Payments Limited (NIPL) has signed an agreement with Malaysian state-backed Payments Network (PayNet) to enable cross-border QR payments between the two nations.

The initiative will be rolled out in two phases. Under the first phase, Indian tourists in Malaysia will be able to make UPI payments at more than 29 Lakh DuitNow QR touchpoints.