Razorpay Curlec has partnered with NPCI International Payments Limited (NIPL) to bring India’s Unified Payments Interface (UPI) to Malaysia.
This partnership will empower Malaysian businesses to receive instant payments from millions of Indian travellers through their preferred UPI apps, marking a major step toward seamless and instant cross-border commerce between the two countries.
In 2024, Malaysia welcomed one million Indian tourists, who spent RM 6.11 billion – a 71.7% increase from the previous year. This growing travel corridor presents an opportunity to further simplify cross-border payments, enhancing convenience for Indian travellers and driving greater business for Malaysian merchants.
Through this partnership, Indian visitors will be able to pay instantly using UPI-enabled apps to Malaysian merchants, who will accept payments directly via Razorpay Curlec’s platform – settled in ringgit, without the need for international cards or extra integration. This groundbreaking partnership that links one of the world’s most advanced real-time payment systems, India’s UPI, with Malaysia’s fast-growing digital economy will usher in a new era of seamless, instant, and inclusive cross-border commerce.
Razorpay Curlec will soon be one of the first payment service providers in Malaysia to offer UPI acceptance.
