NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has announced a partnership with HitPay, a Singapore-based full-stack payments infrastructure firm, to expand Unified Payments Interface (UPI) acceptance across Singapore. This partnership will offer Indian travellers the convenience of making QR code-based payments at establishments across tourist attractions, restaurants, retail outlets and more.
Over 1.2 million Indian visitors travelled to Singapore in 2024. With this partnership, NIPL aims to provide a familiar payment experience to Indians travelling to Singapore. UPI acceptance will be rolled out progressively to over 12,000 merchants across Singapore. It will also offer businesses the opportunity to serve Indian consumers with a frictionless online and offline payment option via UPI.
Speaking on the development, Ritesh Shukla, Chief Executive Officer, NPCI International, said, “We are focused on expanding UPI’s global presence to make transactions easier for Indians traveling abroad. Our partnership with HitPay expands UPI acceptance in Singapore, offering Indians a reliable, cost-effective payment option during their travel. This collaboration also highlights our commitment to building a globally connected payments ecosystem”.
“UPI has transformed India’s payment landscape with unmatched speed, simplicity, and scalability,” said Aditya Haripurkar, CEO and Co-Founder of HitPay. “This integration reflects HitPay’s vision to be the trusted partner for merchants in Singapore, providing seamless access to the fastest-growing markets in Asia and beyond.”
This partnership is another step forward in UPI’s global journey, strengthening its role in the international digital payments landscape. By offering Indian travellers a smooth, familiar and affordable payment option, it enhances their experience while also deepening economic and technological connections between India and other countries.
About NPCI International:
NPCI International Payments Limited (NIPL) was incorporated on April 3, 2020, as a wholly owned subsidiary of the National Payments Corporation of India (NPCI). As NPCI’s international arm, NIPL is devoted to deploying NPCI’s indigenous, successful real-time payment system—Unified Payments Interface (UPI)—and card scheme (RuPay) outside of India. NPCI has successfully developed and proved its products and technological capabilities in the domestic market by transforming the payment segment in India. Currently, there are several countries that seek to establish a real-time payment system or a domestic card scheme. NIPL, with its knowledge and experience, can offer these countries technological assistance through licensing and consulting for building real-time payment systems to meet the rapidly evolving needs of fast-growing global businesses. NIPL focuses on transforming payments across the globe through technology and innovation. It will not only enable payments for Indians but also support other countries by enhancing their payment capabilities using technological assistance, consulting, and infrastructure.
For more information visit https://www.nipl.com/
About HitPay:
Headquartered in Singapore, HitPay is a full-stack payments infrastructure company dedicated to empowering global businesses with easy access to digital payments. Licensed in six jurisdictions, including Australia, Singapore, Malaysia, and the Philippines, HitPay’s leadership team has over 10 years of experience in financial services, working closely with fast-growing businesses to build tailored solutions.
Backed by top-tier investors, including Tiger Global, Global Founders Capital, HOF Capital, and Y Combinator, HitPay is at the forefront of payment innovation in the Asia Pacific region.
For more information, visit www.hitpayapp.com.
Capital, HOF Capital, and Y Combinator. For more information, visit www.hitpayapp.com.
