Indian digital payments leader Paytm, owned by One97 Communications Limited (OCL), has expanded its services to offer international Unified Payments Interface (UPI) transactions.
Paytm users can now make seamless cashless payments in the UAE, Singapore, France, Mauritius, Bhutan, and Nepal using the UPI system, enabling secure and transparent transactions at UPI-accepting merchants abroad.
How the feature works
Travelers can activate the international UPI service directly through the Paytm app. The setup requires a one-time activation linked to the user’s bank account.
Upon scanning a UPI-enabled QR code abroad, the app will automatically guide users to enable the service.
To ensure control and security, users can specify a usage period, ranging from one day to 90 days, based on the duration of their trip.
The feature also allows deactivation upon return to India, helping avoid accidental payments to foreign merchants. Additionally, users receive full transparency on exchange rates and bank conversion fees before completing transactions.
Benefits for Indian travelers
The international UPI service simplifies spending at popular destinations worldwide, allowing users to enjoy cashless payments while shopping or dining.
A Paytm spokesperson said, "As pioneers in mobile payments, we are thrilled to extend our services to Indian travellers, especially with the holiday season approaching. This innovation underscores our commitment to empowering users wherever they are in the world."