NPCI Partners Fintech Firm HitPay To Expand UPI Play In Singapore

NPCI International Payments Limited (NIPL), the global arm of NPCI, has partnered with Singapore-based HitPay to expand UPI acceptance in Singapore.

This is the second major partnership in the country after the UPI-PayNow linkage, which allows Indians to receive remittances directly from Singapore.

UPI, India’s real-time payment system, is operated by NPCI.

The rollout will gradually extend UPI payments to over 12,000 merchants in Singapore, enabling Indian users to make payments both online and offline.

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“We are focused on expanding UPI’s global presence to make transactions easier for Indians travelling abroad. Our partnership with HitPay expands UPI acceptance in Singapore, offering Indians a reliable, cost-effective payment option during their travel. This collaboration also highlights our commitment to building a globally connected payments ecosystem,” said Ritesh Shukla, chief executive officer, NPCI International.

“By offering Indian travellers a smooth, familiar and affordable payment option, this initiative enhances their experience while also deepening economic and technological connections between India and other countries,” said Aditya Haripurkar, chief executive officer and co-founder, HitPay.

Last month, NIPL partnered with UAE-based fintech firm Magnati to enable QR-based UPI payments at point-of-sale terminals across the UAE.

Currently, UPI payments are accepted in seven countries, including Bhutan, Mauritius, Nepal, Singapore, Sri Lanka, and France. Over 20 apps, such as BHIM, PhonePe, Paytm and Google Pay, support international UPI transactions.

In December, Shukla mentioned that NIPL is working with countries like the UAE and Mauritius to develop a card system similar to RuPay.

NIPL is also expanding UPI’s features globally for peer-to-peer (P2P) and peer-to-merchant (P2M) transactions, using both bilateral and multilateral approaches.

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