UPI to Expand to Malaysia: NIPL and PayNet Ink Deal for Cross-Border Payments

• Indian travelers may soon use UPI apps for merchant payments in Malaysia after NIPL and PayNet signed an agreement.
• The pact enables QR-based merchant payments between India and Malaysia, rolling out in phases.
• Initially, Indian visitors can scan DuitNow QR codes in Malaysia using UPI apps; later, Malaysians can use DuitNow apps for UPI QR codes in India.
• The integration will provide Indian users access to millions of DuitNow QR points in Malaysia and vice versa for Malaysian visitors in India.
• This partnership aims to expand UPI's global footprint and strengthen payment connectivity, supporting Malaysia's Visit Malaysia 2026 campaign.