LAUNCH OF PAYMENT SYSTEMS' CONNECTIVITY BETWEEN INDIA AND CAMBODIA FOR QR-CODE BASED CROSS-BORDER MERCHANT PAYMENTS

MUMBAI, India, June 3 -- Reserve Bank of India issued the following press release:

Reserve Bank of India (RBI) has been actively pursuing interlinking of Unified Payments Interface (UPI) with fast payment systems of other jurisdictions to promote cross-border payments. These initiatives are aligned with the G20 Roadmap for enhancing cross-border payments, with a focus on cheaper, efficient, more transparent, and more accessible payments.

2. As part of this initiative, the connectivity of payment systems between India and Cambodia for acceptance of UPI at QR-Code enabled merchants in Cambodia has been launched on June 02, 2026 at Phnom Penh, Cambodia. This marks the go-live of the first phase of collaboration between NPCI International Pay...