India, Feb. 2 -- To further expand UPI internationally, the union government and the Reserve Bank of India (RBI) are reportedly in discussions with global digital payment giant Ant International to link its cross-border digital payment, Alipay+, with UPI.
As per a Reuters' report, citing sources, the initiative would help Indian tourists use UPI with overseas merchants who are registered on Alipay+ application.
Inc42 has reached out to Ant International. The story will be updated based on its responses.
Ant International, a former subset of China's Ant Group, spun off in 2024 as an independent, Singapore-headquartered fintech company. Ant International focusses on cross-border payment technology, digital commerce and financial services...
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