Strategic Alliance to Enable International UPI Acceptance Across Middle East, North America, Europe and Southeast Asia.
VIYONA Fintech has entered into a strategic partnership with cross-border payments platform EFICYENT to enable international acceptance of India’s Unified Payments Interface (UPI) across key global corridors. The collaboration aims to expand cross-border UPI payments, allowing Indian consumers and businesses to transact overseas using India’s real-time digital payment infrastructure.
The partnership will initially focus on merchant acceptance and cross-border collections in high-traffic remittance and travel markets, including the Middle East, North America, Europe, and Southeast Asia. These regions represent a significant share of India’s inbound remittances, outbound tourism, and international education-related payments, making them strategic markets for UPI expansion.
UPI, developed by the National Payments Corporation of India (NPCI), has become one of the world’s largest real-time payment systems by transaction volume. The new alliance seeks to create interoperability between India’s domestic UPI infrastructure and overseas payout and settlement networks, strengthening India’s digital payments ecosystem on a global scale.
Under the agreement, international merchants will be enabled to accept UPI payments directly, allowing Indian users to pay abroad through familiar QR-based and account-to-account payment rails. The integrated framework will incorporate foreign exchange conversion, regulatory compliance mechanisms, and cross-border settlement capabilities to ensure seamless, secure, and compliant international transactions.
VIYONA Fintech operates as a technology service provider delivering UPI and IMPS switching solutions, along with digital collections and payout infrastructure for banks, NBFCs, and fintech companies. EFICYENT provides multi-currency accounts, international payout services, and FX management solutions. The integration will combine VIYONA’s domestic payment switching stack with EFICYENT’s global payout network to facilitate efficient cross-border payment flows.
Corridor activation will be rolled out in phases and will remain subject to regulatory approvals in respective jurisdictions. Industry analysts suggest that structured cross-border UPI acceptance could significantly reduce transaction costs and improve settlement timelines compared to traditional correspondent banking channels, particularly for retail and SME payments.
As India continues to rank among the world’s largest remittance recipients and as outbound digital commerce accelerates, expanding UPI’s international footprint aligns with broader efforts to globalise India’s digital public infrastructure and strengthen its leadership in real-time digital payments innovation.VIYONA Fintech has entered into a strategic partnership with cross-border payments platform EFICYENT to enable international acceptance of India’s Unified Payments Interface (UPI) across key global corridors. The collaboration aims to expand cross-border UPI payments, allowing Indian consumers and businesses to transact overseas using India’s real-time digital payment infrastructure.
The partnership will initially focus on merchant acceptance and cross-border collections in high-traffic remittance and travel markets, including the Middle East, North America, Europe, and Southeast Asia. These regions represent a significant share of India’s inbound remittances, outbound tourism, and international education-related payments, making them strategic markets for UPI expansion.
UPI, developed by the National Payments Corporation of India (NPCI), has become one of the world’s largest real-time payment systems by transaction volume. The new alliance seeks to create interoperability between India’s domestic UPI infrastructure and overseas payout and settlement networks, strengthening India’s digital payments ecosystem on a global scale.
Under the agreement, international merchants will be enabled to accept UPI payments directly, allowing Indian users to pay abroad through familiar QR-based and account-to-account payment rails. The integrated framework will incorporate foreign exchange conversion, regulatory compliance mechanisms, and cross-border settlement capabilities to ensure seamless, secure, and compliant international transactions.
VIYONA Fintech operates as a technology service provider delivering UPI and IMPS switching solutions, along with digital collections and payout infrastructure for banks, NBFCs, and fintech companies. EFICYENT provides multi-currency accounts, international payout services, and FX management solutions. The integration will combine VIYONA’s domestic payment switching stack with EFICYENT’s global payout network to facilitate efficient cross-border payment flows.
Corridor activation will be rolled out in phases and will remain subject to regulatory approvals in respective jurisdictions. Industry analysts suggest that structured cross-border UPI acceptance could significantly reduce transaction costs and improve settlement timelines compared to traditional correspondent banking channels, particularly for retail and SME payments.
As India continues to rank among the world’s largest remittance recipients and as outbound digital commerce accelerates, expanding UPI’s international footprint aligns with broader efforts to globalise India’s digital public infrastructure and strengthen its leadership in real-time digital payments innovation.
