One97 Communications Limited (OCL), the parent company behind the Paytm brand, has announced the launch of its new UPI International feature, enabling Paytm users to make Unified Payments Interface (UPI) payments at select international locations. This new service makes it easier for Indian travelers to make secure, cashless payments at destinations where UPI is accepted. The feature is available in a range of popular international locations, including the UAE, Singapore, France, Mauritius, Bhutan, and Nepal, allowing users to shop, dine, and explore without the need for cash or foreign credit cards.
“We’re excited to introduce UPI International to make it even more convenient for Indian travelers to enjoy seamless, cashless payments while abroad. With this feature, Paytm users can make payments in countries like the UAE, Singapore, France, Mauritius, Bhutan, and Nepal, where UPI is now accepted,” said a Paytm spokesperson. This expansion reflects Paytm’s commitment to improving the digital payments ecosystem, ensuring that users can enjoy the same ease of use internationally as they do at home.
Seamless Setup and Use
Setting up UPI International on the Paytm app is quick and easy. Users simply need to activate the service once, linking it to their bank account. After activation, the app automatically prompts users to use UPI when scanning a UPI-enabled QR code abroad. The process is designed to be intuitive, allowing users to pay effortlessly while traveling.
Travelers also have the option to choose a usage period for UPI International, ranging from 1 to 90 days, depending on the length of their trip. This flexibility ensures that users can tailor the service to fit their travel schedule. Furthermore, users can deactivate the service at any time, offering enhanced control over their transactions. This feature is particularly useful for preventing accidental payments to foreign merchants once users have returned to India, ensuring that they only make payments when they intend to.
Transparency and Control
Paytm has also incorporated full transparency into the payment process. During transactions, users can view the applicable foreign exchange rates and any conversion fees charged by their bank, ensuring that there are no hidden costs or surprises when completing the payment. This added layer of clarity helps users make informed decisions while managing their finances abroad.
In addition, UPI International offers travelers the ability to easily track their spending, providing them with greater control over their budget. This makes it easier for users to stay within their limits and avoid overspending while traveling.
Enhanced Payment Experience Across International Destinations
With UPI International, Paytm users can now enjoy a smoother and more convenient payment experience at iconic international destinations. Whether they’re shopping in the vibrant malls and markets of Dubai, exploring bustling street markets in Singapore, enjoying the beautiful beachside shops in Mauritius, or visiting artisanal craft stores in Bhutan and Nepal, travelers can make secure, cashless payments through the Paytm app wherever UPI is accepted. This enhances the overall travel experience, eliminating the need to carry cash or constantly convert currencies.
“As the holiday season approaches, we’re confident that this new feature will make international travel even more convenient for our users. This launch is another step towards enhancing the Paytm ecosystem and providing our customers with a seamless, digital-first payment solution, no matter where they are in the world,” the Paytm spokesperson added.
Managing Finances with Ease
In addition to the UPI International feature, Paytm recently launched the UPI statement download feature. This new tool allows users to access detailed transaction records in a clear and user-friendly format. This feature is particularly helpful for travelers, as it helps them track their spending, monitor exchange rates, and keep a record of all their international transactions. This functionality supports effective budgeting and financial management, allowing users to stay on top of their expenses during and after their trip.
Overall, the introduction of UPI International and other recent features highlights Paytm’s commitment to making digital payments more accessible and convenient for Indian users, both at home and abroad. As digital payment adoption continues to grow, Paytm is positioning itself as a leader in providing seamless, borderless payment experiences for Indian consumers across the globe.