Mumbai: In a major move toward globalizing India’s digital payment ecosystem, NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has partnered with Razorpay Curlec to introduce UPI Payments in Malaysia.
The collaboration will allow Indian travellers to make secure and instant payments to local Malaysian merchants using their preferred UPI-enabled apps via Razorpay Curlec’s payment platform.
The partnership was officially announced during the Global Fintech Fest (GFF) 2025.
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UPI Payments in Malaysia to Benefit Indian Tourists and Local Merchants
With over one million Indian tourists visiting Malaysia in 2024 – marking a 71.7% surge from the previous year – the partnership aims to simplify financial transactions and reduce reliance on cash for travellers.
The initiative is expected to streamline cross-border transactions, minimize foreign exchange expenses, and increase payment acceptance across Malaysia’s expanding digital commerce network.
By integrating UPI Payments in Malaysia, local businesses will gain access to millions of Indian consumers who trust UPI’s speed, security, and convenience.
This move will help Malaysian merchants boost sales, ensure seamless compliance, and unlock new revenue opportunities through digital adoption.
Ritesh Shukla, Managing Director & CEO of NIPL, said, “We are focused on expanding UPI’s global presence to make digital payments more accessible and seamless for Indians traveling abroad. Our partnership with Razorpay Curlec marks a major step in enabling UPI Payments in Malaysia, offering Indian visitors a secure and convenient way to pay local merchants. This collaboration reflects our ongoing commitment to building a globally connected, inclusive, and interoperable payments ecosystem.”
Shashank Kumar, Managing Director & Co-founder of Razorpay, stated, “UPI has completely transformed the way India pays. With Curlec, we’re now bringing that innovation to Malaysia – helping businesses and travellers enjoy the same trust, speed, and simplicity that define India’s digital payment landscape.”
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Kevin Lee, Country Head and CEO of Razorpay Curlec, added, “Indian travellers are one of the fastest-growing visitor groups to Malaysia, yet many still rely on cash or face high fees when using cards. By enabling UPI Payments in Malaysia, we simplify transactions and create a more rewarding experience for both consumers and businesses.”
Driving a Borderless Digital Payment Ecosystem
The NPCI International–Razorpay Curlec partnership reinforces efforts to build a frictionless cross-border payment infrastructure between India and Malaysia.
It supports Malaysia’s growing digital economy and aligns with the vision of fostering financial inclusion and borderless fintech innovation across Asia.
