India’s UPI is no longer just a domestic sensation—it’s conquering international frontiers. Live in over eight countries such as the UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, Qatar, and Mauritius, UPI exemplifies India’s fintech prowess on the world stage.
In a significant disclosure to Parliament, the government spotlighted UPI’s role in elevating remittances, fostering financial inclusion, and strengthening India’s global fintech stature. Rajya Sabha was informed by Minister of State for Electronics and IT Jitin Prasad that this international embrace is reshaping digital payments.
Taking it further, India has forged MoUs with 23 countries for sharing its robust India Stack/DPI framework. These collaborations target digital identity, payments, data sharing, and service platforms, aligning with India’s digital public infrastructure diplomacy.
DigiLocker MoUs feature partnerships with Cuba, Kenya, UAE, and Laos. The India Stack Global initiative provides access to 18 pivotal platforms, supporting allies in digital transformation. The G20-launched Global DPI Repository, under India’s 2023 presidency, serves as a premier knowledge platform with India’s extensive contributions.
From Aadhaar to UPI, CoWIN, DigiLocker, and beyond—including API Setu, Aarogya Setu, GeM, UMANG, DIKSHA, e-Sanjeevani, and PM GatiShakti—these solutions are game-changers. NPCI’s January stats reveal UPI volumes hit 21.70 billion (up 28% YoY) and ₹28.33 lakh crore in value (up 21%), signaling unstoppable momentum. As UPI goes global, India’s digital blueprint is set to redefine international finance.