NPCI on Monday said UPI users will be able to make payments in Malaysia as well from now on.

A tie-up between NPCI International and Razorpay Curlec will make such payments possible, a statement said.

UPI is already live in seven countries, including the UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, and Mauritius. Its entry into France is a milestone because it is UPI's first step in Europe. This allows Indians travelling or living there to pay seamlessly without the usual hassles of foreign transactions.

NPCI, an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association, is an umbrella organisation for operating retail payments and settlement systems in India (IBA).

It runs the UPI used for real-time payments between peers or at merchants' end while making purchases.

UPI accounts for 85 per cent of all digital transactions in India. Its impact goes beyond national borders, powering nearly 50 per cent of global real-time digital payments.