NPCI International Payments Ltd (NIPL), the international arm of National Payment Corporation of India (NPCI), has collaborated with Liquid Group Pte. Ltd. (Liquid Group), a domestic and cross-border corporate payment solution for B2B and B2C segments and a Non-Bank Financial Institution for facilitating digital payments, to allow UPI QR-based payments acceptance in ten Asian markets throughout North Asia and Southeast Asia.
NPCI International Payments Ltd (NIPL) has partnered with Liquid Group Pte. Ltd. (Liquid Group) to enable UPI QR-based payments acceptance in 10 markets across North Asia and Southeast Asia.
NIPL has declared in the announcement that “Liquid Group, headquartered in Singapore, operates a QR payment acceptance network that enables the cross-border acceptance of payment schemes and digital payment apps.
This partnership will help BHIM App users to make UPI QR-based payments in the 10 markets of Singapore, Malaysia, Thailand, Philippines, Vietnam, Cambodia, Hong Kong, Taiwan, South Korea, and Japan, from early 2022.