India, Seychelles sign UPI MoU; live payments pending timeline and bank list
NPCI International and the Central Bank of Seychelles signed an MoU to bring UPI to the tourist market, extending India's cross-border rail to a 23-country, 9-agreement footprint. Go-live date, participating banks, and merchant coverage remain unspecified.
India's NIPL and Central Bank of Seychelles signed an MoU to introduce UPI in Seychelles, expanding India's cross-border payment rail to a new tourist market. Live payments not yet available; timeline and participating banks unspecified.
Why this matters
UPI's cross-border push continues after going live at Galeries Lafayette Nice, even as India paused its UPI-Alipay Plus linkup that would have unlocked overseas merchant access for Indian travelers.
Omni-channel held steady with 449 signals over the trailing 90 days.