India aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster and significantly cheaper for users. The Unified Payments Interface is a key digital public infrastructure for this expansion. India's diaspora remittances are a major focus for cost reduction efforts. The nation is leveraging its fintech experience to export digital financial services globally.

PM Modi emphasizes enhancing UPI links with foreign payment systems to streamline cross-border transactions and boost financial inclusion.

PM Modi plans to expand India's UPI payment system beyond 11 countries, targeting 15-20 new markets to cut remittance costs for the Indian