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Wizz Financial Brings UPI Payments to International Visitors
Wizz Financial has introduced a digital wallet for some visitors from other countries.
The wallet lets eligible visitors pay businesses in India using UPI.
This means they may not need to carry as much cash.
Users must meet rules set by regulators and follow transaction limits.
Some Wizz Financial customers in the United States and United Arab Emirates can also send money to Indian UPI accounts.
The company uses a system called SWITCH to connect its services in these countries and India.
Its app also offers remittances, currency exchange, prepaid cards and other financial services.
Wizz Financial says the launch is part of a larger plan to connect financial services across several regions.
Wizz Financial launched a cross-border wallet allowing eligible international visitors to make UPI payments across India.
The service operates through the Wizz Financial App and the UPI One World framework, subject to regulatory requirements and transaction limits.
Eligible customers in Wizz Financial’s United States and United Arab Emirates propositions can transfer money in real time to Indian UPI accounts.
The company’s SWITCH infrastructure connects its applications across India, the United States and the United Arab Emirates, as well as participating third-party platforms.
Wizz Financial serves more than 5 million customers in India through over 360 branches across 22 states.
- Who
- Wizz Financial and eligible international visitors and customers using its services.
- What
- Wizz Financial launched a cross-border wallet with access to UPI payments and real-time transfers to Indian UPI accounts.
- Where
- Across India, with connections to Wizz Financial services in the United States and United Arab Emirates.
- When
- The article describes the service as newly launched but does not provide a specific date.
- Why
- To connect cross-border financial services with India’s domestic digital payments infrastructure and reduce reliance on cash for eligible international visitors.
Key facts
- Payment framework
- UPI One World
- Access point
- Wizz Financial App
- Interoperability system
- SWITCH
- Payout reach
- More than 80 countries
- Indian customer base
- More than 5 million customers
- Indian physical network
- Over 360 branches across 22 states
- Eligibility
- Access is subject to regulatory requirements, transaction limits and other prescribed conditions
Sources
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