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  • UPI Malaysia Payments: NPCI International, PayNet Collaborate on Cross-Border QR Payment System

    UPI Malaysia Payments

    Mumbai: NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has signed an agreement with Payments Network Malaysia Sdn Bhd (PayNet) to enable QR-based merchant payments between India and Malaysia, marking a major step in UPI Malaysia Payments integration.

    The rollout of this initiative will take place in a phased manner. In the first phase, Indian travellers visiting Malaysia will be able to use their UPI apps to make seamless cross-border merchant payments at DuitNow QR acceptance touchpoints.

    UPI Malaysia Payments: Malaysia’s National QR standard DuitNow QR

    In the subsequent phase, Malaysian travellers visiting India will be able to scan UPI QR codes to make merchant payments using their DuitNow apps.

    With this integration, Indian tourists will gain access to millions of DuitNow QR merchant touchpoints in Malaysia across restaurants, retail stores, tourist attractions, and other establishments.

    Similarly, Malaysian visitors to India will benefit from acceptance at millions of UPI QR–enabled merchant locations across the country.

    Also Read: Digital Public Infrastructure: India Stack Gains Global Momentum, DPI Partnerships Across 23 Nations

    UPI Malaysia Payments Rollout to Begin with Indian Travellers

    Ritesh Shukla, MD & CEO, NPCI International, said, “Under the guidance of Government of India and Reserve Bank of India, we aim to expand the global footprint of UPI building interoperable, real-time payment ecosystems with leading payment networks worldwide.

    Our partnership with PayNet marks an important step in enabling seamless QR-based merchant payments between India and Malaysia, offering travellers a familiar, secure, and convenient payment experience. This collaboration reinforces our commitment to simplifying cross-border payments while strengthening digital and economic connectivity between the two countries.”

    Praveen Rajan, CEO of PayNet, said, “This agreement reflects how the national payments infrastructure can support everyday cross-border payments at scale. Once enabled, the linkage between Malaysia’s DuitNow QR and India’s UPI will strengthen payment connectivity for travellers, merchants, banks and the wider financial services ecosystem.

    UPI Malaysia Payments: Strengthening Cross-Border Payment Connectivity

    In the context of Visit Malaysia 2026 and growing two-way travel, this collaboration contributes to broader trade and economic activity between Malaysia and India.”

    The collaboration between NPCI International and PayNet Malaysia strengthens cross-border payment connectivity between India and Malaysia by enabling interoperable QR payment infrastructure that supports secure, efficient, and seamless merchant payments for travellers in both countries.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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