Indians travelling to Sri Lanka can now make payments using UPI. Here’s how
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- Опубліковано 1 жов 2024
- On May 15, PhonePe launched cross-border UPI payments in collaboration with Sri Lanka’s national payment network, LankaPay. This will enable quick payments without carrying cash or calculating currency conversions.
After facing its worst economic crisis two years ago, business seems to be picking up in Sri Lanka. The country has also become a new hotspot for Indian travellers and has emerged as an alternative to the Maldives after the political standoff. Indian digital payments company PhonePe is primed to make the most of the ramped-up footfall.
In conversation with Forbes India, Ritesh Pai, CEO of international payments at PhonePe, takes us through this new development, how it will work, PhonePe's success rate in other countries, and more.
#upi #phonepe #srilanka #digitalpayments
QR based payments are far better than Card system.
The way interview was conducted , is impeccable , quite missing in present day
Good job , Wish to see more such interviews
Forbes India, Wow, this made my day brighter! Thank you!
Wow great ❤
No headache to exchange money now no need this carry hard cash 🎉
Many unanswered issues.firstly LRS limits under FEMA. TDS issues under income tax. May be law makers will take these in due course. Till than live in ambiguity
Informative questions, Transparent answers, Excellent interview.
It’s good to know we can use UPI in Sri Lanka but how would you get OTP during UPI transaction.
I was smoothly getting OTP in my Indian number while in Australia, it was not for UPI transactions, but the OTP trigger works the same for all including UPI as well. I am not an expert in this filed, still I feel it should work the same way as for others. Pls correct me if I am wrong.
Nice interview
lovely