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NPCI partners with PayNet for QR payment integration in Malaysia

NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India, has partnered with Payments Network Malaysia (PayNet) to facilitate QR-based merchant payments between India and Malaysia. This agreement, announced on 13 February 2026, aims to enhance cross-border payment connectivity by allowing Indian travellers in Malaysia to use their Unified Payments Interface (UPI) apps at DuitNow QR acceptance points. Subsequently, Malaysian visitors to India will be able to make payments using their DuitNow apps at UPI QR-enabled locations.

The initiative will be rolled out in phases, starting with Indian tourists accessing millions of DuitNow QR merchant touchpoints in Malaysia, including restaurants, retail stores, and tourist attractions. In return, Malaysian travellers will benefit from UPI QR acceptance across numerous locations in India.

Ritesh Shukla, Managing Director and CEO of NIPL, highlighted the importance of this collaboration, stating, “Our partnership with PayNet marks an important step in enabling seamless QR-based merchant payments between India and Malaysia, offering travellers a familiar, secure, and convenient payment experience.” Praveen Rajan, CEO of PayNet, added that the linkage between DuitNow QR and UPI will bolster payment connectivity for travellers, merchants, and the financial services ecosystem.

This collaboration is expected to contribute significantly to trade and economic activity between the two nations, especially in the context of Visit Malaysia 2026 and increasing two-way travel. The integration of these payment systems underscores a commitment to simplifying cross-border transactions and enhancing digital connectivity.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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