The Favara-UPI cross-border payment corridor now connects Maldives and India, making Maldives the 10th country to accept UPI for seamless transactions by Indian travelers abroad.
Maldives is now 10th market for UPI
Jul 31, 2026
07:45 pm
What's the storyThe Unified Payments Interface (UPI) has expanded its international footprint with the addition of the Maldives as its 10th market.
The integration between the Maldives's Instant Payment System, 'Favara,' and UPI was successfully launched by NPCI International Payments Ltd (NIPL) and the Maldives Monetary Authority (MMA).
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