Digital payments have become an integral part of our daily lives. UPI has transformed the way we manage our finances. The ease and speed of digital payments, have made transactions as simple as a few taps on our smartphones. Whether it’s paying for a small purchase or transferring large sums, UPI has streamlined our financial lives.
Recently, leading digital financial services company Paytm has introduced a new feature to make UPIpayments in countries other than India like- UAE, Singapore, France, Mauritius, Bhutan and Nepal.
“With UPI International, we’re thrilled to extend this ease to Indian travelers, enabling them to make secure, cashless payments in countries like the UAE, Singapore, France, Mauritius, Bhutan, and Nepal”, Paytm spokesperson said.
Setting up UPI International on the Paytm app is quick and simple, with just one-time activation linked to the user’s bank account. When scanning a UPI-enabled QR code abroad, the app will prompt activation automatically for easy access.
Travellers now can choose a usage period from 1 to 90 days based on their trip and can deactivate the service anytime to ensure payments are only made when intended. This feature helps prevent accidental transactions with foreign merchants once users are back in India, offering added security and control.
During the payment, users can also view the exact foreign exchange rates and any conversion fees applied by their bank, ensuring full transparency before completing the transaction.
One97 Communications (OCL) recently introduced the UPI statement download feature, enabling users to easily access detailed transaction records in a clear format. This tool enhances spending tracking, budgeting, and financial management, making it particularly valuable during and after international travel.
By expanding its reach beyond Indian borders, Paytm is revolutionizing the way Indian travelers make payments abroad, offering a hassle-free and secure alternative to traditional payment methods.
