Govt working on to expand overseas presence of UPI: DFS Secretary

India is trying to expand the global reach of its homegrown digital payment system UPI to a larger number of countries, especially in East Asia, Financial Services Secretary M Nagaraju said on Tuesday. Unified Payment Interface (UPI) is currently accepted in eight countries — Bhutan, Singapore, Qatar, Mauritius, Nepal, the UAE, Sri Lanka and France. The acceptability of India’s digital payment network overseas enables Indian tourists to make UPI payments for transactions abroad.