PhonePe launches UPI international service in 5 countries

Financial firm PhonePe announced on Tuesday that its users across five countries will now be able to make payments via Unified Payments Interface (UPI) system.

These countries include UAE, Singapore, Mauritius, Nepal and Bhutan. Phonepe Users will be able to make payments in foreign currency directly from their Indian bank – just like they do with international debit cards, the company said in a statement.

Indian customers need to use a foreign currency, or their credit or forex cards to pay at international merchant outlets but with the ‘UPI international’ payments feature, PhonePe can now use their Indian Bank accounts to pay using UPI.