UPI set for Uzbekistan rollout as India expands digital payments footprint and strengthens bilateral ties
Mint 5 hrs ago·30 Aug 2026, 2:52 pm
India's digital payment system, UPI, is set to expand its global footprint with a planned rollout in Uzbekistan. This development was announced following Prime Minister Narendra Modi's recent official visit to the Central Asian nation, aiming to strengthen bilateral ties. The move signals a growing international acceptance of India's digital infrastructure.
For investors, this is a significant step in the 'Digital India' narrative. It highlights the potential for Indian fintech and banking companies to export their technology and services abroad. As UPI gains traction in new markets, it opens doors for partnerships and revenue streams beyond the domestic market.
Investors should watch for updates on the specific implementation timeline and any potential joint ventures between Indian and Uzbek financial institutions. The success of this rollout could set a precedent for further international adoption of UPI, benefiting the broader financial technology sector.
Excerpt from Mint
Uzbekistan has joined the list of countries that is set to adopt the UPI, the Ministry of External Affairs announced today after PM Narendra Modi's two-day official visit to the Central Asian country. Uzbekistan has joined the list of countries that is set to adopt the unified payment interface (UPI) system, the…Read the original at Mint
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