Indians travelling to Sri Lanka can now make payments using UPI. Here’s how

On May 15, PhonePe launched cross-border UPI payments in collaboration with Sri Lanka’s national payment network, LankaPay. This will enable quick payments without carrying cash or calculating currency conversions.
After facing its worst economic crisis two years ago, business seems to be picking up in Sri Lanka. The country has also become a new hotspot for Indian travellers and has emerged as an alternative to the Maldives after the political standoff. Indian digital payments company PhonePe is primed to make the most of the ramped-up footfall.
In conversation with Forbes India, Ritesh Pai, CEO of international payments at PhonePe, takes us through this new development, how it will work, PhonePe's success rate in other countries, and more.
#upi #phonepe #srilanka #digitalpayments

[@NitinKumar-ll7qn]

QR based payments are far better than Card system.

[@blossoms2u]

The way interview was conducted , is impeccable , quite missing in present day
Good job , Wish to see more such interviews

[@IOSALive]

Forbes India, Wow, this made my day brighter! Thank you!

[@SaikatB]

Informative questions, Transparent answers, Excellent interview.

[@kuldeepmehta4424]

Many unanswered issues.firstly LRS limits under FEMA. TDS issues under income tax. May be law makers will take these in due course. Till than live in ambiguity

[@user-ne8xk9ou1s]

Nice interview

[@belazy-1551]

It’s good to know we can use UPI in Sri Lanka but how would you get OTP during UPI transaction.

[@spidersense1639]

Wow great ❤
No headache to exchange money now no need this carry hard cash 🎉

[@pratikpatil6342]

lovely