NPCI International signs agreement to expand UPI to Malaysia

13 Feb 2026, 11:46 AM

The initiative will allow tourists from both countries to make cross border merchant payments at QR touchpoints used by instant payments systems.

Team Head&Tale

NPCI International Payments Ltd (NIPL) has signed an agreement with Malaysia's national payments network Payments Network Malaysia Sdn Bhd (PayNet) to link India’s Unified Payments Interface (UPI) with Malaysia’s DuitNow.

The initiative, which will allows tourists from both countries to make cross border merchant payments at QR touchpoints used by instant payments systems, will happen in a phases, said NIPL in a statement. 

NIPL is the international arm of the National Payments Corporation of India (NPCI), which operates the UPI.

The initial phase will allow Indian travellers visiting Malaysia to make cross border merchant payments at DuitNow QR touchpoints. Subsequently, Malaysians visiting India will be able to scan UPI QR codes using their DuitNow apps.

DuitNow QR is Malaysia's national QR standard, and is operated by Paynet.

"This collaboration reinforces our commitment to simplifying cross-border payments while strengthening digital and economic connectivity between the two countries," said Ritesh Shukla, MD & CEO, NIPL.

This follows on the Indian government's vision to expand the global footprint of India's national payments interface.

Who Reads Us

I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest,  and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.

Rahul Chari, Co-Founder and CTO, PhonePe
Rahul Chari Co-Founder And CTO, PhonePe

Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.

Rishi Gupta, MD & CEO, Fino Payments Bank
Rishi Gupta MD & CEO, Fino Payments Bank

The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.

Lizzie Chapman, co-founder, ZestMoney
Lizzie Chapman Co-founder, ZestMoney

What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.

Mohit Bedi, co-founder, Kiwi
Mohit Bedi Co-founder, Kiwi

I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.

Cofounder of IPO-bound leading fintech lending company
Cofounder of IPO-bound leading fintech lending company