Launch of Payment Systems' Connectivity Between India and Cambodia for QR-Code Based Cross-Border Merchant Payments
India, June 3 -- 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 Payments Limited (NIPL) and Acleda Bank Plc., under the aegis of RBI and...
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