Indian travelers to Europe will soon be able to use the Unified Payments Interface (UPI) with the National Payments Corporation of India’s (NPCI) foreign arm partnering with Worldline.
How will UPI work in Europe?
Users must have a UPI-enabled Indian bank account. UPI payments require an app, like BHIM. Worldline terminals will offer the service. RuPay will be accepted alongside UPI. QR code will support UPI. UPI payments are made in local currency, not INR. As with card payments, banks will impose a currency conversion fee.
Is UPI accepted across Europe?
NPCI and Worldline said in a statement that the first target markets for NIPL (NPCI International Payments Ltd) are BENELUX (Belgium, the Netherlands, Luxembourg) and Switzerland, with plans to expand as Worldline QR is rolled out in more European nations.
NPCI and UAE-based Mashreq Bank’s NEOPAY partnered this year to allow Indian visitors and migrants to make UPI payments in the gulf nation. NPCI’s overseas arm NIPL has similar procedures for its UPI and RuPay cards. Bhutan and Nepal accept UPI. RBI and Monetary Authority of Singapore are linking UPI with PayNow in Singapore.