World UPI payment

 "World UPI" refers to the expanding global reach of India's Unified Payments Interface (UPI) system, which was developed by the National Payments Corporation of India (NPCI). Initially designed for seamless digital payments within India, UPI is now being adapted for cross-border transactions. Countries like Nepal, the UAE, and Singapore have started accepting UPI payments, enabling international users to make secure and instant transfers.


In terms of banking services, banks like Bank of Baroda have integrated UPI into their platforms, such as the "bob World UPI" app, which allows users to send and receive funds using Virtual Payment Addresses (VPAs) without needing detailed beneficiary information. Similarly, international platforms like Wise, Western Union, and Remitly also support UPI transfers to India【8†source】【9†source】【10†source】. 


For users interested in making international payments via UPI, some platforms may charge fees depending on the transfer method and exchange rate markups. Additionally, transaction limits are usually capped at INR 2,00,000 per transfer, depending on the service used.


The Unified Payments Interface (UPI), developed by the National Payments Corporation of India (NPCI), has expanded its services internationally. While UPI is not yet fully operational for direct usage in the USA, efforts are underway to make it more accessible. Currently, NRIs (Non-Resident Indians) can use UPI to make transactions to and from India by linking their NRI accounts to UPI-enabled apps if their bank supports it. However, not all banks in the USA support UPI yet, which can limit its use for people living there【17†source】【19†source】.


In other countries like Singapore, UAE, and France, UPI is already operational for easier transactions【18†source】.



Some of the international platforms and services that are integrating or supporting UPI payments include:


1. **Wise (formerly TransferWise)** - Known for low-cost international transfers, it supports sending money to UPI-linked accounts in India.

2. **Western Union** - Allows international money transfers, including to UPI in India.

3. **Remitly** - Offers international money transfers, including direct transfers to UPI IDs in India.

4. **Mashreq Bank (UAE)** - One of the leading financial institutions in the UAE that supports UPI transactions for Indian users【17†source】【18†source】.

5. **Singtel (Singapore)** - Supports UPI payments in Singapore for users transferring money to India【18†source】.


These platforms enable cross-border payments, linking international users to India via UPI.



Here are more platforms that support UPI payments for international users, making it easier to transfer funds globally:


1. **Xoom (by PayPal)** - Allows international users to send money to Indian bank accounts through UPI. Xoom is widely used for quick and secure transfers.

2. **TransferGo** - Another international money transfer service that enables payments to UPI IDs in India.

3. **Instarem** - Known for low-cost international transfers, Instarem allows users to send money directly to UPI-linked bank accounts in India.

4. **PaySend** - A platform that facilitates international payments, including UPI transfers to Indian accounts.

5. **Nium** - A global payments platform that supports UPI transactions for sending money to India from several countries.


These platforms offer seamless, instant payments to UPI, making it easier for international users to send money to India【17†source】【19†source】.



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