India’s UPI service launched in Sri LankaNewsA virtual launch introduced UPI transactions via LankaQR, enhancing digital payments for Indian tourists in Sri Lanka a short while ago, the President's Media Division said. Led by NPCI International Payments Limited & LankaPay Pvt Ltd, the initiative aims to rapidly expand, with 10,000 merchants set to accept UPI payments shortly after launch. By March 2024, this number will reach 65,000, providing a seamless payment solution for Indian tourists, the PMD said. The partnership with National Payment Corporation of India, allows Indian tourists and business travelers to pay at nearly 400,000 Lanka QR-enabled merchants using their familiar UPI payment apps. You can share this post!

Source: Sunday Times February 12, 2024 18:11 UTC