It will soon be possible for UPI and RuPay customers to make in-store payments in the UK through PayXpert’s solution.
UPI has achieved a volume of US$ 940Bn (39Bn transactions) in 2021, equivalent to 31% of India’s GDP. RuPay is the first-of-its-kind Global Card payment network from India with over 700 million cards issued to date.
Every year over half a million Indians travel to the UK including over one hundred thousand students. Over the next few years, this number is expected to grow exponentially. This partnership will provide Indian travellers with a familiar and convenient way to make payments in the UK. The UPI and RuPay payment options are set to benefit both consumers and retailers across the UK while providing a welcome boost to commerce across the retail, hospitality, and tourism sectors.
Commenting on the partnership, David Armstrong, Managing Director, PayXpert in the UK said, “The UPI and the RuPay payment schemes are great names to add to PayXpert’s portfolio of international payment options available on our POS devices. It will open up a new field of opportunity for us in the UK and further strengthen the capability of our solution for UK merchants.”
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