NPCI International Payments (NIPL) is actively pursuing expansion of India's Unified Payments Interface (UPI) into high-traffic South-East Asian markets such as Indonesia, Malaysia, and Thailand. This initiative aims to enhance global adoption of UPI, which is already accepted in eight countries, including Bhutan, France, and the UAE. Dilip Asbe, CEO of the National Payments Corporation of India (NPCI), indicated that establishing bilateral linkages with these nations could significantly increase transaction volumes in the region. As of FY26, UPI's international transaction volume surpassed one million, reaching 1.48 million, a substantial increase from 0.75 million in FY25. The value of these transactions also rose to ₹330.43 crore in FY26, compared to ₹258.53 crore in FY25. NIPL is also looking to expand UPI's reach to Japan, the Maldives, and Greece, reflecting its long-term strategy to create bilateral payment systems globally over the next 20 to 25 years.