Business Economy


NPCI International and Hitpay partner to expand UPI acceptance in Singapore

New Delhi, Mar 19 (UNI) NPCI International Payments Ltd (NIPL), the international arm of the National Payments Corporation of India (NPCI), has announced a partnership with HitPay, a Singapore-based full-stack payments infrastructure firm, to expand UPI acceptance across Singapore.
The partnership is aimed at offering Indian travellers the convenience of making QR code-based payments at establishments across tourist attractions, restaurants, retail outlets and more.
"With this partnership, NIPL aims to provide a familiar payment experience to Indians travelling to Singapore. UPI acceptance will be rolled out progressively to over 12,000 merchants across Singapore. It will also offer businesses the opportunity to serve Indian consumers with a frictionless online and offline payment option via UPI," an official release said.
It is estimated that over 1.2 million Indian visitors travelled to Singapore in 2024.
Speaking on the development, Ritesh Shukla, Chief Executive Officer, NPCI International, said, “We are focused on expanding UPI’s global presence to make transactions easier for Indians traveling 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”.
“UPI has transformed India’s payment landscape with unmatched speed, simplicity, and scalability,” said Aditya Haripurkar, CEO and Co-Founder of HitPay. “This integration reflects HitPay’s vision to be the trusted partner for merchants in Singapore, providing seamless access to the fastest-growing markets in Asia and beyond.”
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