Exploring India made easy: UPI One World Wallet launched for international travellers
In a revolutionary step, the National Payments Corporation of India (NPCI) has introduced the ‘UPI One World’ wallet, aimed at enhancing the digital payment experience for international visitors to India. This innovative service promises to simplify transactions in real-time, empowering tourists to explore India.
The ‘UPI One World’ wallet allows the Unified Payments Interface (UPI), renowned for its efficiency and security in digital transactions. Originally introduced during India’s G20 summit last year, the wallet has now been expanded to accommodate visitors from a broader range of countries, promising greater accessibility and convenience.
To avail the benefits of the UPI One World service, visitors can follow below mentioned steps:
Download Issuer App: Start by downloading the issuer app and completing the sign-in process.
Document Verification: Physically verify your passport and valid visa at the issuer counter.
Issuance of UPI One World: Obtain the UPI One World wallet linked to your international mobile number.
Load INR Value: Load desired amounts in Indian Rupees (INR) using one of the following methods:
Exchange foreign currency at the issuer counter with assistance from Forex experts.
Use a credit card or debit card to transfer funds.
Use the Wallet: Enjoy the convenience of using the preloaded INR at various merchant outlets across India.
Encash Remaining Balance: Before departure, easily encash any remaining balance loaded in the wallet.
An NPCI spokesperson conveyed excitement about the recent launch, emphasizing, “We are delighted to introduce UPI One World, offering international visitors to India the seamless UPI payment experience. This initiative is designed to elevate visitor satisfaction by providing access to UPI, a favored payment method among Indians. With UPI One World, travelers can effortlessly manage their financial transactions, including loading funds and easily transferring any unused balance back to their original payment source. By integrating foreign travelers into India’s real-time payments system, we aim to foster a more interconnected global digital payments ecosystem.”
Where to Use UPI One World
Travel Bookings
Online Shopping Platforms
Merchant Stores
Grocery Stores
Entertainment Venues
Hotels and Restaurants
Transportation Services
By introducing the ‘UPI One World’ wallet, NPCI has not only streamlined the payment process for international visitors but also bolstered India’s position as a technologically advanced destination.
Originally Published at TIMESOFINDIA