Razorpay partners with NPCI International to launch UPI payments in Malaysia
30 Oct 2025, 12:48 PMThe UPI payments will be launched via its entity in Malaysia, Curlec.
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Fintech startup Razorpay said that it has partnered with NPCI International Payments Ltd to introduce unified payments interface (UPI) payments in Malaysia.
The UPI payments will be launched via its entity in Malaysia, Curlec, said Razorpay in a statement without specifying the date for the launch.
This will allow Indian visitors to pay instantly using UPI-enabled apps to Malaysian merchants, who will accept payments directly via Razorpay Curlec’s platform - settled in ringgit (RM), without the need for international cards or extra integration.
The statement noted that over one million Indian tourists visited Malaysia in 2024 and spent over Rs 110 billion - a 71.7% jump from the previous year.
"Looking ahead, we are committed to driving continuous innovation that deepens financial inclusion and positions Malaysia as a leading hub for seamless cross-border commerce," said Kevin Lee, country head and CEO of Razorpay Curlec.
Razorpay had marked its first international acquisition by picking a majority stake in Curlec in 2022.
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