Razorpay, through its Malaysia-based subsidiary Razorpay Curlec, has partnered with NPCI International Payments Limited (NIPL) to enable Unified Payments Interface (UPI) transactions in Malaysia. This initiative will allow Indian travellers to pay Malaysian merchants directly using UPI apps, with settlements processed in Malaysian Ringgit (RM).
The integration removes the need for cash or international cards for Indian visitors. Malaysian merchants will receive payments in their local currency through Razorpay Curlec. The company will extend UPI acceptance to businesses across sectors such as retail, travel, hospitality, and small enterprises.
In 2024, more than one million Indian tourists visited Malaysia, collectively spending over Rs 110 billion. This partnership aims to simplify cross-border transactions, making it easier for Indian travellers to pay digitally while improving payment acceptance for Malaysian merchants catering to Indian customers.
UPI processed 19.6 billion transactions in India in September 2025 alone, underlining its scale and reliability. The collaboration gives Malaysian businesses access to this large pool of UPI users and ensures instant cross-border settlements.
Razorpay Curlec already offers recurring payments, card transactions, payouts, billing, and subscription management solutions to businesses in Malaysia. With this partnership, it aims to expand its cross-border payment network and enhance digital payment accessibility across the region.
NIPL continues to lead the global expansion of UPI and RuPay by partnering with payment service providers and central payment networks worldwide. The Malaysia rollout marks another step in NIPL’s plan to make UPI acceptance available in key international markets.
UPI has already expanded to several countries including France and the UAE, with upcoming agreements in Namibia, Trinidad and Tobago, and Peru. It is currently operational in Bhutan, Singapore, Sri Lanka, Mauritius, and Nepal, and recently went live in Qatar.
This latest launch strengthens India’s digital payments ecosystem on a global scale, reflecting growing international adoption of UPI as a secure and convenient mode of real-time payment.
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