PhonePe Unveils UPI-Powered Services in Nepal, Fostering Cross-Border Digital Payments

In a landmark event held in Kathmandu, Nepal, PhonePe, the leading digital payments platform, showcased its services powered by the Unified Payments Interface (UPI), a pioneering digital payments system.This move aims to revolutionize cross-border transactions, facilitating seamless digital payments for Indian tourists visiting Nepal and paving the way for Nepalese visitors to India to enjoy the same convenience.

The event brought together key stakeholders from Nepal’s financial landscape, including representatives from banking sectors, payment system providers, UPI-accepting merchants, and business associations. The gathering was supported by Fonepay Payment Service Limited, Nepal’s largest payment system operator and NIPL’s counterpart in the country.