2 hrs ago
India to Showcase UPI at 2026 BRICS Summit
India is getting ready to host an important BRICS meeting in 2026.
The meeting will take place in New Delhi on September 12 and 13.
Countries are expected to discuss how to make payments between nations faster and easier.
They may also talk about using their own local currencies more often.
India will present its Unified Payments Interface, or UPI.
UPI is a digital system that helps people make payments in India.
It has changed how millions of transactions happen inside the country.
Other countries are exploring whether its ideas could help improve payments across borders.
India will host the 18th BRICS Summit in New Delhi on September 12-13, 2026.
Cross-border payments are expected to be a major topic at the summit.
Participants are also expected to discuss greater use of local currencies.
India plans to highlight its Unified Payments Interface as a model for international payment connectivity.
UPI has transformed millions of domestic transactions and is being explored for faster cross-border payments.
- Who
- India and other BRICS participants.
- What
- The 18th BRICS Summit will discuss cross-border payments, local currencies and digital payment systems, with India presenting UPI as a possible model.
- Where
- New Delhi, India.
- When
- September 12-13, 2026.
- Why
- To discuss faster, more efficient payment connectivity across national borders and greater use of local currencies.
Key facts
- Event
- 18th BRICS Summit
- Host country
- India
- Location
- New Delhi
- Date
- September 12-13, 2026
- Key proposal
- Using India’s Unified Payments Interface as a model for cross-border payment connectivity
- Expected topics
- Cross-border payments, local currencies and digital payment systems
Sources
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