UPI likely to grow further in several countries, RBI governor expresses optimism

NEW DELHI: The Unified Payments Interface (UPI) has the potential growth in various countries, Reserve Bank of India governor Shaktikanta Das said during his five-day visit to Odisha, adding that the discussions are there in several countries for UPI.
"We expect this to grow further at the global level and internationalise in future," he told reporters here on Friday evening.
He also said UPI is already present in many countries through QR codes and the linkage of fast payment systems, reported PTI.
Earlier in the week, while speaking at an event in Mumbai, Das highlighted the significant progress made in this direction, with countries such as Bhutan, Nepal, Sri Lanka, Singapore, the UAE, Mauritius, Namibia, Peru, France, and others already accepting RuPay cards and payments through the UPI network.
He emphasized that these efforts demonstrate the collaborative approach taken to promote the adoption of India's initiatives on a global scale.