UPI transactions through QR Share & Pay method discontinued abroad
By
Binu Mathew
The National Payments Corporation of India (NPCI) has discontinued Unified Payments Interface (UPI) transactions via ‘QR share and pay’ for international payments. Indian abroad will not be able to scan QR codes shared by merchants to make payments by this method.
“While the move strengthens compliance and risk mitigation, it does reduce the flexibility and ease of use for Indian users making remote international payments” said Jai Kumar, co-founder of TechFini.