UPI: Transforming Merchant Payments for Global Visitors
Mint Mumbai|January 09, 2025
Say goodbye to forex cards as UPI One World makes cashless travel seamless for travellers
Anil Poste
UPI: Transforming Merchant Payments for Global Visitors

Imagine landing in India, ready to admire the Taj Mahal, shop in the local markets of Mumbai, or experience the stunning views of Manali's snow-capped mountains or enjoy a peaceful houseboat cruise in the backwaters of Kerala—all without fumbling for cash or worrying if your forex cards will be accepted for payments. Thanks to UPI One World, foreign nationals and non-resident Indians (NRIs) can now make hassle-free payments across India seamlessly.

Whether you're a first-time overseas visitor, an NRI returning to reconnect with home, a health tourist, a student or even if you're catching up with long-distance friends, UPI One World simplifies your payment needs, allowing you to pay for food, transport, accommodation and shopping with just a few taps on your smartphone, without the need to open a local bank account.

How it works

UPI One World is designed specifically for foreign visitors and NRIs. It is powered by Unified Payments Interface (UPI), a facility that enables instant online transfer of funds between bank accounts. Users can load Indian rupees into a prepaid wallet, which can then be used to pay merchants and vendors via widely used UPI QR codes. This feature eliminates the need to carry cash or rely on forex cards.

Denne historien er fra January 09, 2025-utgaven av Mint Mumbai.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra January 09, 2025-utgaven av Mint Mumbai.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA MINT MUMBAISe alt
Insurance merger on hold, govt may pick one for sale
Mint Mumbai

Insurance merger on hold, govt may pick one for sale

The Centre may drop its plan to merge three general insurers and instead pick one of them for privatization this fiscal year, two people aware of the development said.

time-read
2 mins  |
January 24, 2025
Ireda Plans to Raise ₹5,000 Cr Via QIP
Mint Mumbai

Ireda Plans to Raise ₹5,000 Cr Via QIP

Indian Renewable Energy Development Agency (Ireda) on Thursday said its board has approved a plan to raise up to ₹5,000 crore fund through the qualified institutions placement (QIP) route.

time-read
1 min  |
January 24, 2025
Jashvik to pick up Smart Vision stake
Mint Mumbai

Jashvik to pick up Smart Vision stake

Private equity (PE) firm Jashvik Capital Advisory LLP is acquiring a majority stake in Hyderabad-based eye care hospital chain Smart Vision Eye Specialities Pvt Ltd, said a person close to the deal.

time-read
1 min  |
January 24, 2025
Mint Mumbai

Nominee Laws at Crossroads: From Trustee to Ownership, A Case for Reforms

The notion of a nominee being a mere trustee complicates the case for asset succession

time-read
3 mins  |
January 24, 2025
Cheer for UltraTech as Q3 margin hit less than feared
Mint Mumbai

Cheer for UltraTech as Q3 margin hit less than feared

The heightened competition in India's cement sector continues to take its toll on cement makers.

time-read
2 mins  |
January 24, 2025
Inside the Seismic Shift in the Namkeen World
Mint Mumbai

Inside the Seismic Shift in the Namkeen World

Health is wealth, so many brands are coming up with all kinds of products to reshape the way Indians snack

time-read
8 mins  |
January 24, 2025
Mint Mumbai

Adani Infra seeks CCI clearance

Adani Infra has sought approval from fair trade regulator Competition Commission of India (CCI) for acquiring a majority stake in PSP Projects Ltd.

time-read
1 min  |
January 24, 2025
A 'Little Prince' and 8 billion gardeners to our rescue
Mint Mumbai

A 'Little Prince' and 8 billion gardeners to our rescue

Have you ever looked at your house and thought, \"This place needs a complete makeover?\" You know the drill—pack your bags, move to a hotel, let the professionals work their magic, and return to your freshly renovated paradise.

time-read
3 mins  |
January 24, 2025
India will clock fastest growth rate: Andhra CM Naidu at Davos
Mint Mumbai

India will clock fastest growth rate: Andhra CM Naidu at Davos

Andhra Pradesh chief minister N. Chandrababu Naidu has said that India's golden era has started and the country will clock the fastest growth rate.

time-read
1 min  |
January 24, 2025
American employees have lost their labour market leverage
Mint Mumbai

American employees have lost their labour market leverage

Their pandemic gains are over as the power balance tilts away

time-read
3 mins  |
January 24, 2025