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Events / India-Malaysia QR Payment System Integration
Business payment system integration

India-Malaysia QR Payment System Integration

Analysis based on 10 articles · First reported Feb 12, 2026 · Last updated Feb 13, 2026

Sentiment
60
Attention
4
Articles
10
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard
Market Impact

This integration is expected to boost tourism and retail sectors in both India and Malaysia by simplifying cross-border payments. It signifies a positive step for digital payment interoperability, potentially increasing transaction volumes for financial service providers.

Financial services Tourism Retail
Event Summary

National Payments Corporation of India===National Payments Corporation of India (NIPL), the international arm of the National Payments Corporation of India (NPCI), has signed an agreement with Payments Network Malaysia Sdn Bhd (PayNet) to enable QR-based merchant payments between India and Malaysia. This initiative will allow Indian travellers to use their Unified Payments Interface (UPI) apps for payments at Payments Network Malaysia acceptance points in Malaysia in the first phase. Subsequently, Malaysians visiting India will be able to use their DuitNow apps to scan UPI QR codes for merchant payments. This collaboration aims to expand the global footprint of UPI, offering a familiar, secure, and convenient payment experience for travellers and strengthening digital and economic connectivity between the two nations.

Key Actions
95 National Payments Corporation of India===National Payments Corporation of India signed agreement to enable QR-based merchant payments Payments Network Malaysia
95 Payments Network Malaysia signed agreement to enable QR-based merchant payments National Payments Corporation of India===National Payments Corporation of India
80 India expanded digital payment system's global reach Malaysia
80 Malaysia integrated national QR standard with foreign payment system India
Entities Involved
subs
National Payments Corporation of India===National Payments Corporation of India
National Payments Corporation of India===National Payments Corporation of India has signed an agreement with Payments Network Malaysia Sdn Bhd to enable QR-based merchant payments between India and Malaysia, expanding the global footprint of UPI.
Importance 90 Sentiment 70
priv
Payments Network Malaysia
Payments Network Malaysia Sdn Bhd has partnered with National Payments Corporation of India===National Payments Corporation of India to integrate Payments Network Malaysia with UPI, enhancing cross-border payment connectivity for Malaysia.
Importance 90 Sentiment 70
cnt
India
India's digital payment system, UPI, is expanding its international reach, facilitating easier transactions for Indian travellers in Malaysia and strengthening economic ties.
Importance 80 Sentiment 60
cnt
Malaysia
Malaysia's Payments Network Malaysia system is integrating with India's UPI, which will benefit Malaysian visitors to India and support the 'Visit Malaysia 2026' initiative.
Importance 80 Sentiment 60
priv
National Payments Corporation of India
As the parent company of National Payments Corporation of India===National Payments Corporation of India, National Payments Corporation of India is expanding the reach of its UPI system internationally through this partnership.
Importance 70 Sentiment 60
per
Ritesh Shukla
Ritesh Shukla, MD & CEO of National Payments Corporation of India===National Payments Corporation of India, highlighted the strategic importance of this partnership in expanding UPI's global footprint.
Importance 40 Sentiment 50
per
Praveen Rajan
Praveen Rajan, CEO of Payments Network Malaysia, emphasized how this agreement strengthens payment connectivity and supports broader trade and economic activity.
Importance 40 Sentiment 50
+ 1 more entities View on Dashboard
Relationships
National Payments Corporation of India===National Payments Corporation of India related ↔ National Payments Corporation of India
Payments Network Malaysia related ↔ Malaysia
National Payments Corporation of India===National Payments Corporation of India related ↔ Payments Network Malaysia
National Payments Corporation of India===National Payments Corporation of India related ↔ India
National Payments Corporation of India===National Payments Corporation of India related ↔ Malaysia
National Payments Corporation of India related ↔ Payments Network Malaysia
National Payments Corporation of India related ↔ India
National Payments Corporation of India related ↔ Malaysia
Payments Network Malaysia related ↔ India
India related ↔ Malaysia
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