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NPCI International Payments Limited (NIPL) Collaborates with Singapore's Hitpay to Facilitate UPI Payments.

Banking & Finance | Dated: 21 Mar 2025

On March 19, 2025, Mumbai (Maharashtra)-based NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), partnered with Singapore-based HitPay, a full-stack payments infrastructure firm, to enable Unified Payments Interface (UPI) payments in Singapore.

🎯 Key Highlights:

  • - Indian travelers can now make payments using UPI Quick Response (QR) codes at tourist spots, restaurants, and shops, with over 12,000 merchants in Singapore accepting UPI.
  • - This marks NIPL's second partnership in Singapore, following the launch of UPI-PayNow in 2023 for cross-border transactions.

💡 Other Important Facts:

  • (i) In January 2025, NIPL also partnered with Middle East-based payment solution provider Magnati to expand QR-based UPI merchant payments in the United Arab Emirates (UAE).
  • (ii) UPI is now operational in Singapore, Maldives, Qatar, Sri Lanka, Mauritius, Bhutan, Nepal, UAE, and Canada.
  • (iii) HitPay is a comprehensive payments infrastructure platform designed for growing businesses across the Asia Pacific (APAC) region, providing unified solutions for e-commerce, point-of-sale (POS), and business-to-business (B2B) payments.

📚 Test Your Knowledge:

Which organization recently partnered with Singapore’s Hitpay to enable UPI payments?

Correct Answer: NIPL

🚀 Quick Recap: