PhonePe taps cross-border UPI payments in revenue push

Indians traveling to many foreign markets including the UAE and Singapore may soon be able to use the popular UPI payments to make purchases when they land there.
Bengaluru-headquartered fintech giant PhonePe said on Tuesday that it’s extending support for UPI international payments in the UAE, Singapore, Mauritius, Nepal and Bhutan.
“Users will be able to make payments in the foreign currency directly from their Indian bank- just like they do with international debit cards,” PhonePe said in a statement.
The move appears to be PhonePe’s attempt to capture a slice of the large forex market, a c

リンク元