PhonePe Launches UPI in Sri Lanka in Partnership with LankaPay

PhonePe on Wednesday(15, May 2024) joined hands with LankaPay to allow its users to pay using UPI across Sri Lanka.

To mark the partnership, PhonePe said its app users traveling to Sri Lanka can do payments using UPI across LankaPay QR merchants.

The transactions will be promoted by the UPI and LankaPay National Payment Network.

Users can now scan LankaQR code to make secure and quick payments without carrying cash or calculating currency conversions. The amount will be debited in INR, displaying the currency exchange rate.

PhonePe’s CEO, International Payments, Ritesh Pai, said the partnership with LankaPay offers unparalleled convenience to Indian tourists who can now use a familiar and secure payment method while travelling and paying across LankaQR merchant points.

By Business Correspondent