India's Unified Payments Interface system to enter Malaysian market, says Modi
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India's Unified Payments Interface system to enter Malaysian market…
1 month ago
MSNDailymotion
#WATCH | Prime Minister Narendra Modi announced that India’s Unified Payments Interface (UPI) will soon be launched in Malaysia during his two-day visit aimed at strengthening bilateral ties. Addressing the Indian diaspora, PM Modi highlighted initiatives like expanding OCI card eligibility for Malaysian citizens of Indian origin up to the sixth generation and introducing the Thiruvalluvar Scholarship. | Hindustan Times
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wionews.com
India and Malaysia have launched the Malaysia–India Digital Council and announced a cross-border payment linkage between India’s Unified Payments Interface (UPI) and Malaysia’s PayNet system. The move, unveiled in February 2026 by Prime Minister Narendra Modi and Malaysian Prime Minister Anwar Ibrahim, aims to enable seamless QR-based payments for Indian travellers and businesses in Malaysia. Officials say the initiative will reduce transaction costs, strengthen real-time financial connectivity
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