• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
Advertisement
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

NPCI Expands Its UPI Acceptance In Sri Lanka To Boost Economy, Tourists’ Experience

OMMCOM NEWS by OMMCOM NEWS
March 17, 2026
in Nation
UPI

New Delhi: NPCI International Payments Limited — the international arm of the National Payments Corporation of India (NPCI) — on Tuesday said it is strengthening the acceptance of Unified Payments Interface (UPI) across Sri Lanka to enable a seamless payment experience for Indian tourists and support the island nation’s digital economy.

With more than 700 million QR touchpoints in India, the platform’s interoperable architecture enables integration with global systems, including Sri Lanka’s LankaPay-powered LankaQR infrastructure.

India remains Sri Lanka’s largest source market for the tourism sector. Over 4.16 lakh Indian tourists visited the country in 2024, which rose to 5.31 lakh in 2025. The steady growth has increased demand for convenient and reliable payment solutions for Indian travellers visiting the island for leisure, shopping, weddings and spiritual tourism.

“Through collaboration between NIPL and LankaPay, Indian tourists can now make digital payments across Sri Lanka by scanning LankaQR codes using UPI-enabled apps, reducing dependence on cash,” NPCI said.

The service is available at major establishments, including hospitality chains, retail outlets and supermarkets.

To scale acceptance, NIPL has been working with key stakeholders such as the Central Bank of Sri Lanka, acquiring banks and merchants, aligning with Sri Lanka’s domestic payments framework.

According to NPCI, the initiative is expected to benefit both travellers and merchants. While tourists gain access to real-time payments, transparent exchange rates and a familiar payment interface, Sri Lankan businesses can tap into a large digital customer base, improve cash management and reduce reliance on physical currency.

Ritesh Shukla, MD and CEO of NPCI International, said the company is focused on building interoperable payment corridors to simplify cross-border transactions and strengthen economic ties.

“As UPI adoption expands, we aim to enhance payment acceptance across key sectors such as hospitality, retail and tourism, creating value for businesses and improving the overall travel experience,” he said.

Recognised by the International Monetary Fund (IMF) as the world’s largest real-time payment system, accounting for nearly 50 per cent of global instant payments, the Unified Payments Interface (UPI) is expected to improve cross-border trade and economic engagement between India and Sri Lanka.

(IANS)

Tags: National Payments Corporation of India (NPCI)Unified Payments Interface (UPI)
ShareTweetSendSharePinShareSend
Previous Post

ECI Deploys 1,111 Central Observers To Ensure Free And Fair Assembly Polls

Next Post

24th National Para Athletics Championship 2026 To Be Held In Bhubaneswar

Related Posts

Nation

JPSC-JSSC Scam: CID Uncovers Result Manipulation, Answer Scripts Rewritten Outside Strong Rooms

August 31, 2026
Nation

‘Matter Of Pride For Every Indian’: Uzbekistan’s Highest Honour For PM Modi Draws Praise From Parties

August 31, 2026
Nation

Fire In Food Stall At Kolkata’s Sealdah Station, Triggers Panic

August 31, 2026
Nation

16-Year-Old Gang-Raped In Moving Sleeper Bus In UP, Abandoned At Delhi’s Kashmere Gate

August 31, 2026
Nation

‘Half Justice Served’: Ankit Balyan’s Father Reacts After Two Accused Shooters Killed In Encounter

August 31, 2026
Business

India, Brazil Aim To Expand Bilateral Trade To $30 Billion By 2030

August 31, 2026
Next Post
24th National Para Athletics Championship

24th National Para Athletics Championship 2026 To Be Held In Bhubaneswar

Jodhpur Airport To Remain Closed For 30 Days From March 29: IAF Issues NOTAM

India Is Entering New Phase In Global Trade, Says Piyush Goyal

Khimji
SAI
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special

© 2025 - Ommcom News. All Rights Reserved.