NPCI Expands UPI Payments to Malaysia through Razorpay Partnership

In a major step toward globalising India’s digital payments ecosystem, “”NPCI International Payments Limited (NIPL)”” has partnered with “”Razorpay Curlec”” to enable “”UPI transactions in Malaysia””. The integration allows Indian travellers to make instant, secure payments to Malaysian merchants using their preferred UPI-enabled apps.

Seamless Cross-Border Digital Payments

Announced during the “”Global Fintech Fest 2025″”, the partnership connects Malaysia’s payment infrastructure with India’s Unified Payments Interface (UPI). It will allow local merchants on Razorpay Curlec’s network to accept payments from visiting Indians directly in Malaysian ringgit. The move provides travellers with a frictionless payment experience while ensuring local settlement and compliance for businesses.

Strengthening India’s Global Fintech Presence

According to “”Ritesh Shukla””, Managing Director and CEO of NIPL, the initiative represents “a significant milestone in expanding UPI’s international reach.” He added that the goal is to make digital transactions abroad as seamless for Indians as they are at home. The move also aligns with India’s broader strategy to establish UPI as a global payments benchmark across Asia and beyond.

Razorpay Curlec’s Role and Market Impact

“”Shashank Kumar””, Co-founder and MD of Razorpay, noted that the partnership “brings India’s digital payment innovation to Malaysia,” creating a borderless fintech ecosystem. By integrating UPI with Malaysian merchants, the collaboration opens new revenue opportunities for local businesses and enhances convenience for the growing base of Indian tourists and professionals visiting the country.

Exam Oriented Facts

• Partnership: NPCI International Payments Limited (NIPL) and Razorpay Curlec.
• Launch context: Announced at Global Fintech Fest 2025.
• Objective: Enable UPI payments for Indian travellers in Malaysia.
• Benefit: Instant, secure, and interoperable cross-border digital transactions.

Building a Borderless Fintech Future

The Malaysia integration joins similar UPI international initiatives in countries like Singapore, the UAE, and Nepal. It demonstrates India’s growing influence in the global fintech ecosystem and the appeal of its interoperable, real-time payment systems. As digital payments expand across borders, India’s UPI model continues to serve as a blueprint for inclusive and scalable financial innovation in emerging markets.