Govt taking initiatives to expand UPI's global reach: Pankaj Chaudhary

Minister of State for Finance Pankaj Chaudhary announced that the government and RBI are working to expand the global reach of UPI, which is currently available in seven countries. The RBI’s Payments Vision Document 2025 includes global expansion of UPI and RuPay cards as a key goal. Efforts involve collaboration with international stakeholders and institutions. UPI is now operational in Bhutan, Singapore, the UAE, France, Mauritius, Sri Lanka, and Nepal.