The National Payments Corporation of India (NPCI) has introduced the ‘UPI One World’ wallet, a game-changer for international travelers visiting India. This innovative service aims to provide tourists with a seamless, real-time digital payment experience, simplifying their ability to explore India’s rich cultural heritage and vibrant landscapes. This service will also be available to the distinguished delegates attending the World Heritage Committee meeting in New Delhi from July 21-31, 2024.
Enhancing the Visitor Experience
The ‘UPI One World’ wallet is designed to make digital transactions in India effortless and secure. With this service, international visitors can fully immerse themselves in India’s diverse experiences, all facilitated by the convenience of Unified Payments Interface (UPI) payments. Initially launched during the G20 summit hosted by India last year, the wallet’s availability has now been extended to travelers from many more countries.
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How to Access the UPI One World Wallet
Here are the steps to avail the UPI One World service:
- Download the Issuer App: Begin by downloading the issuer app and signing in.
- Verify Documents: Physically verify your documents (Passport and Valid Visa) at the issuer counter.
- Issuance of UPI One World: Get the UPI One World wallet issued on your international mobile number.
- Load INR Value: Load the desired amount in INR by either:
- Exchanging foreign currency at the issuer counter with the help of Forex experts.
- Using a Credit Card or Debit Card.
- Use the Wallet: Utilize the preloaded INR at various merchant outlets.
- Encash Remaining Balance: Before departure, encash any remaining balance loaded in the wallet.
Benefits of UPI One World Wallet
- No Need for Cash: Eliminate the hassle of carrying cash and handling multiple foreign exchange transactions.
- Easy and Safe: Enjoy easy, safe, and instant digital payments.
- Track Spending: Keep track of your expenses with the transaction history in the PPI-UPI Application.
Where to Use UPI One World
- Merchant Stores
- Travel Bookings in India
- Online Shopping
- Grocery Purchases
- Entertainment
- Hotels
- Restaurants
- Transportation
Zero Fees
- Zero Transactional Fee: There are no fees for transactions made with UPI One World.
- Zero Onboarding Fee: There are no fees for onboarding to the UPI One World service.
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Available Locations
The UPI One World wallet can be obtained from the following partners at money exchange counters operating in accordance with RBI/FEMA guidelines. Details of conditions can be obtained by travelers at the time of onboarding.
Statements from NPCI
An NPCI spokesperson expressed enthusiasm about the new development, stating, “We are thrilled to offer the UPI experience to international guests visiting India through UPI One World. This initiative aims to enhance the visitor experience by equipping them with UPI, the most preferred payment choice among Indians. International travelers can easily manage their financial needs using UPI One World, with the convenience of loading funds and the ability to transfer any unused balance back to the original payment source. By enabling foreign travelers to experience India’s real-time payments system, we are taking a significant step towards creating a more interconnected global digital payments ecosystem.”
Showcasing India’s Digital Leadership
This initiative by NPCI highlights India’s leadership in the global digital payments landscape, providing the international community with an opportunity to engage with and benefit from India’s Digital Public Infrastructure (DPI) success story. In June 2024 alone, UPI processed close to 14 billion transactions valued at INR 20.07 trillion (~USD 240 billion), showcasing the system’s robustness and widespread adoption.
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