UPI-UPU integration enables faster, cheaper cross-border money transfers through India Post
Dubai
India Post, in collaboration with NPCI International Payments Ltd. (NIPL) and the Universal Postal Union (UPU), has launched a landmark initiative aimed at making international money transfers faster, more affordable, and easier to access. The Unified Payments Interface (UPI)–UPU integration was unveiled at the 28th Universal Postal Congress in Dubai by Union Minister for Communication Jyotiraditya Scindia.
The system connects India’s world-renowned UPI platform with UPU’s Interconnection Platform, creating a digital pathway for seamless global transactions. Officials highlighted that the integration is expected to reduce costs significantly, improve transaction speed, and enhance convenience for millions of Indian workers abroad, especially those who struggle with limited banking access.
Under the new process, overseas remitters can send funds to India more efficiently. Beneficiaries back home will have the option of collecting cash from designated post offices using a valid identification and reference number. Alternatively, if the recipient holds an account with India Post Payments Bank (IPPB), funds can be deposited directly, removing the need to physically visit a post office.
Scindia said the initiative reflects India’s determination to extend its robust digital payments ecosystem to the global stage, ensuring that financial inclusion reaches communities dependent on remittances. By leveraging advanced digital frameworks, India Post strengthens its role as a trusted bridge for cross-border payments.
Officials also noted that the collaboration positions UPI as an emerging global standard for secure and efficient financial transactions, marking an important step in integrating India’s fintech strengths with international platforms.
