Fintech agency PhonePe on Tuesday mentioned its customers will now be capable of pay to worldwide service provider shops in 5 international locations, together with the UAE, Nepal, and Singapore, utilizing Unified Funds Interface system.

Phonepe Customers will be capable of make funds in international foreign money instantly from their Indian financial institution – similar to they do with worldwide debit playing cards, the corporate mentioned in a press release.

“The present launch helps all worldwide service provider shops within the UAE, Singapore, Mauritius, Nepal, and Bhutan which have a neighborhood QR code,” the assertion mentioned, including that PhonePe is the primary fintech app to launch this characteristic in India.

The corporate has over 43.5 crore registered customers.

Indian clients want to make use of a international foreign money, or their credit score or foreign exchange playing cards to pay at worldwide service provider shops however with the ‘UPI worldwide’ funds characteristic, PhonePe can now use their Indian Financial institution accounts to pay utilizing UPI.

“UPI Worldwide is the primary main step in letting the remainder of the world expertise UPI too. I’m certain this launch will show to be a game-changer and can fully rework the way in which Indians touring abroad pay at service provider shops overseas,” PhonePe CTO and Co-Founder, Rahul Chari mentioned.

Over the course of this 12 months, NPCI in collaboration with NIPL (NPCI Worldwide Funds Restricted) plans to roll out UPI Worldwide to extra international locations, whereas additionally enabling larger service provider acceptance within the areas the place this characteristic is at present reside.