India in talks with China’s Ant International to link UPI with Alipay+ for cross-border payments

India is in discussions with China-related Ant International to allow integration of the digital payments platform Alipay+ with the country’s instant payments system, Unified Payments Interface (UPI). The move could ease cross-border transactions for Indian travellers across merchants that have signed up with Alipay+, Reuters reported, citing two government sources.

This would heavily simplify the overseas spending and reduce the costs associated with cross-border payments.