Malaysians will soon be able to make payments in India using QR codes

• Malaysia’s DuitNow QR and India’s UPI will be linked, enabling seamless digital payments for travellers in both countries
• Indian visitors can first use UPI apps in Malaysia, followed by Malaysians using banking apps or e-wallets to scan UPI QR codes in India
• The initiative strengthens Malaysia-India economic ties, supporting growing tourism flows and bilateral trade exceeding RM79 billion

Malaysians will soon be able to make payments in India using QR codes following a planned linkage between Malaysia's DuitNow QR and India's Unified Payments Interface (UPI).

Malaysia India QR payments are set to transform cross-border digital payments and QR code payments Asia, strengthening India Malaysia fintech collaboration through international QR payments, advanced digital payment systems, deeper fintech cooperation, expansion of UPI international, seamless cross-border transactions, and innovation in payment technology Asia.

Payments Network Malaysia Sdn Bhd (PayNet) and NPCI International Payments Ltd (NIPL) have signed a cross-border QR payment agreement which improves digital payment connections between the two nations. The rollout will take place in phases.

The first phase allows Indian travellers who visit Malaysia to use their UPI-enabled mobile applications for payments at DuitNow QR merchants across the country. The second phase allows Malaysians who travel to India to scan UPI QR codes and make payments using their local banking applications or electronic wallets at UPI-enabled locations.

Also Read: India Eyes UPI Expansion to More Countries, Focus on East

In a statement, Praveen Rajan, Paynet CEO, stated, “Once enabled, the linkage between Malaysia’s DuitNow QR and India’s UPI will strengthen payment connectivity for travellers, merchants, banks and the wider financial services ecosystem”.

The initiative matches the increasing international tourist arrivals and expanding commercial relationships between countries. Malaysian travellers currently enjoy free e-visas to India, while Malaysia aims to attract over two million Indian tourists through visa-free entry.

India maintains its status as Malaysia's primary trade partner in South Asia because their bilateral trade reached RM79 billion in the previous year. The partnership between the two organizations will improve economic relations and cross-border trade, according to PayNet.

The partnership between NPCI International and its partner organizations will deliver a secure and easy-to-use digital payment solution that travelers in both nations will recognize as familiar.

Ritesh Shukla, Managing Director and CEO of NPCI International, said, “This collaboration reinforces our commitment to simplifying cross-border payments while strengthening digital and economic connectivity between the two countries”.