Indians may soon be able to use UPI in Malaysia as Razorpay Curlec partners with NPCI International

Indian travellers visiting Malaysia will soon be able to make payments directly to local merchants using their preferred Unified Payments Interface (UPI) apps, with settlements made instantly in Malaysian ringgit.

The development follows a partnership between Razorpay’s Malaysian subsidiary Curlec and NPCI International Payments Limited (NIPL), the overseas arm of India’s National Payments Corporation of India.

The agreement was formalised during the Global Fintech Fest 2025.

The initiative aims to enable seamless, real-time cross-border transactions for Indian visitors, allowing them to pay digitally without relying on cash or international cards. Malaysian merchants, meanwhile, will be able to receive payments in local currency via Razorpay Curlec’s platform.

According to tourism data, over one million Indians visited Malaysia in 2024, spending more than ₹110 billion—a 71.7% increase from the previous year. The growing travel volume between the two countries highlights the potential for smoother payment solutions and reduced foreign exchange costs.

UPI, India’s flagship real-time payment system, processed around 20 billion transactions in September 2025, underscoring its scale and reliability.

Extending this infrastructure abroad is expected to strengthen financial connectivity between India and Malaysia while expanding the global acceptance of India’s digital payment technologies.

Ritesh Shukla, CEO of NIPL, said the expansion would allow Indian travellers to pay with the same convenience they enjoy at home, while Malaysian merchants gain access to a trusted and widely used payment network.

Kevin Lee, CEO of Razorpay Curlec, added that enabling UPI payments would simplify spending for travellers and support Malaysian businesses in adapting to the digital economy.

Once operational, Razorpay Curlec is set to become one of the first payment service providers in Malaysia to offer UPI acceptance, marking another step in India’s efforts to globalise its digital payment ecosystem.

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