How To Use UPI When Travelling Abroad
The UPI is a mobile-based payment system in India that allows round-the-clock payments via a virtual payment address
UPI is no longer limited to India and the number of countries accepting it keeps growing
Countries including Sri Lanka, France, Singapore, Bhutan, Nepal and Mauritius accept QR code payments
Image: Reuters
UPI was launched at the Eiffel Tower in Paris on February 2 during the Republic Day reception
Image: Unsplash
To make UPI payments outside India, one needs to enable international payments on the respective apps
Image: Bloomberg
It is to be noted that users can activate international transactions for bank accounts that support UPI international
Image: GooglePay
Once enabled, one will be able to make UPI payments with ease in international locations
Image: Reuters
Enter the amount you wish to pay. The total amount payable will be shown in both local currency and Indian rupees
Image: Reuters
The debit from your account is in Indian currency, which means the foreign exchange conversion rate and bank fee will be applicable
Image: Reuters
Meanwhile, banks are awaiting clear guidelines from the government on whether tax collected at source will apply to UPI transactions abroad
Image: Reuters
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