Business Economy


NPCI International and Hitpay partner to expand UPI acceptance in Singapore

New Delhi, Mar 19 (UNI) NPCI International Payments Ltd (NIPL), the international arm of the National Payments Corporation of India (NPCI), has announced a partnership with HitPay, a Singapore-based full-stack payments infrastructure firm, to expand UPI acceptance across Singapore.
The partnership is aimed at offering Indian travellers the convenience of making QR code-based payments at establishments across tourist attractions, restaurants, retail outlets and more.
"With this partnership, NIPL aims to provide a familiar payment experience to Indians travelling to Singapore. UPI acceptance will be rolled out progressively to over 12,000 merchants across Singapore. It will also offer businesses the opportunity to serve Indian consumers with a frictionless online and offline payment option via UPI," an official release said.
It is estimated that over 1.2 million Indian visitors travelled to Singapore in 2024.
Speaking on the development, Ritesh Shukla, Chief Executive Officer, NPCI International, said, “We are focused on expanding UPI’s global presence to make transactions easier for Indians traveling abroad. Our partnership with HitPay expands UPI acceptance in Singapore, offering Indians a reliable, cost-effective payment option during their travel. This collaboration also highlights our commitment to building a globally connected payments ecosystem”.
“UPI has transformed India’s payment landscape with unmatched speed, simplicity, and scalability,” said Aditya Haripurkar, CEO and Co-Founder of HitPay. “This integration reflects HitPay’s vision to be the trusted partner for merchants in Singapore, providing seamless access to the fastest-growing markets in Asia and beyond.”
UNI NK CS
More News

Adani Total Gas trying to mitigate reduced supply to industrial clients

11 Mar 2026 | 9:23 PM

Mumbai, March 11 (UNI) Adani Total Gas Ltd officially informed stock exchanges here on Wednesday that recent geopolitical tensions in West Asia has led some of its gas suppliers to curtail deliveries, resulting in reduced supplies to its industrial customers.

see more..

India must scale up to achieve USD 350 Billion textile economy: Giriraj Singh

11 Mar 2026 | 7:49 PM

New Delhi, March 11 (UNI) union Minister of Textiles, Giriraj Singh, on Wednesday stressed the need for the country’s textile sector to expand its global presence and move towards higher-scale and higher-value manufacturing to achieve the government’s target of building a USD 350 billion textile economy and USD 100 billion in exports by 2030–31.

see more..

India’s crude supply secure through diversified procurement despite West Asia crisis: Govt

11 Mar 2026 | 7:29 PM

New Delhi, March 11 (UNI) India’s crude oil supply remains secure despite disruptions to global energy routes caused by the ongoing West Asia crisis, a senior government official said on Wednesday, highlighting the country’s diversified sourcing strategy and emergency measures to stabilise fuel availability.

see more..

Proximal cloud, instant systems partner on enterprise AI

11 Mar 2026 | 7:04 PM

Bengaluru, March 11 (UNI) Proximal Cloud, an Indian technology company focused on private AI infrastructure and enterprise deep research platforms, on Wednesday announced a strategic partnership with Instant Systems Inc., a Silicon Valley-based AI-first venture builder, to accelerate deployment of enterprise-grade artificial intelligence solutions.

see more..

ISRO-AIIMS ink MoU for space medicine and research

11 Mar 2026 | 6:43 PM

Chennai, March 11 (UNI) Indian Space Research Organisation (ISRO) has signed a Memorandum of Understanding (MoU) with All India Institute of Medical Sciences (AIIMS) on Cooperation in Space Medicine and Research. .

see more..