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Key Points

PayPal World now allows Indian users to make international payments using UPI, simplifying cross-border transactions. The platform integrates with global payment systems like Venmo and Tenpay, offering seamless shopping and remittances. NPCI International's Ritesh Shukla highlights this as a major step in UPI's global expansion. This move benefits both Indian consumers and global merchants by bridging digital payment ecosystems.

Key Points: Indian Users Can Now Pay Abroad With UPI Via PayPal World

  • PayPal World connects UPI with global payment systems for seamless transactions
  • Indian users can pay foreign merchants using UPI at checkout
  • Platform includes partnerships with Venmo, Tenpay, and Mercado Pago
  • NPCI International calls it a milestone for cross-border digital payments
2 min read

Indian users can now pay abroad and on foreign e-commerce sites using UPI via PayPal World

PayPal World enables Indian users to make international payments using UPI, simplifying cross-border transactions for global shopping and remittances.

"The integration of UPI on PayPal World’s platform will mark a significant step in expanding UPI’s global footprint. – Ritesh Shukla, NPCI International"

New Delhi, July 23

In a major boost to cross-border digital payments, Indian users will now be able to use the Unified Payments Interface (UPI) to make payments internationally through PayPal.

The global payments company 'PayPal' has announced the launch of "PayPal World", a new platform that aims to connect the world's largest payment systems and digital wallets.

The platform will start by offering interoperability between PayPal and Venmo, and include UPI as part of its initial launch. This means Indian consumers can now shop from international merchants and pay using the UPI option they are already familiar with.

For example, an Indian user browsing an online store in the United States to buy a pair of sneakers will now see a UPI button after clicking the PayPal option at checkout. This allows them to complete the transaction using their UPI account, just as they would for any domestic payment.

Ritesh Shukla, Managing Director and CEO of NPCI International Payments Limited, welcomed the development. He 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."

The company stated that collaboration includes global partners representing nearly two billion users worldwide. These include Mercado Pago (MOU signed, further details being scoped), NPCI International Payments Limited (UPI), PayPal, Tenpay Global, and Venmo.

The platform also benefits users from other countries. For instance, a PayPal user travelling to China can make payments at a cafe that accepts Weixin Pay simply by scanning the code using their PayPal app.

Similarly, a Venmo user in the US can send money to a friend in Germany by typing in the phone number and selecting the PayPal wallet.

This step marks a new beginning for global digital payments, especially for Indian users who rely heavily on UPI for everyday transactions. With PayPal World, sending money or shopping across borders will be easier than ever.

- ANI

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Reader Comments

P
Priya S
Finally! No more worrying about forex cards or high currency conversion charges. But I hope they maintain the same security standards as domestic UPI transactions. Safety first!
R
Rohit P
Great move, but what about the exchange rates? Will they be transparent? In my experience, hidden charges eat up most of the convenience in such services.
S
Sarah B
As someone who frequently travels between India and US for work, this is a game-changer! No more juggling multiple payment apps. One UPI ID for all transactions - what a relief!
V
Vikram M
Make in India, Pay to World! This is the digital equivalent of our soft power expansion. Next step - make foreign websites accept UPI directly without PayPal middle layer.
K
Kavya N
My only concern is whether small merchants abroad will accept this. Most international sites I shop from already have PayPal, but what about local shops during travel?

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