India's UPI to Integrate with Indonesia's Payment System, Modi Confirms
UPI will link with Indonesia's payment rails to enable cross-border QR payments, while Indonesia launches ION based on India's ONDC. The move extends UPI's international footprint to support cross-border commerce, tourism and merchant payments.
India's UPI will integrate with Indonesia's payment system, enabling cross-border QR payments. Indonesia also launched ION, based on India's ONDC. The move supports cross-border commerce, tourism and merchant payments, extending UPI's international footprint relevant to Indian payment rails.
Why this matters
UPI continues its cross-border push, following moves to link with local payment systems in India-Indonesia retail transactions, alongside surging domestic adoption among women entrepreneurs and rural earners.
Omni-channel remains steady with 791 signals tracked over the past 90 days.