India’s retail payments body National Payments Corporation of India (NPCI) has rolled out a pilot version of its “UPI One World” wallet for foreign delegates attending the India AI Impact Summit 2026 in New Delhi, allowing visitors to make merchant payments using India’s instant payments network without opening a local bank account.The facility is being offered to delegates from more than 40 countries attending the February 16–20 summit. Under the pilot, travellers can load a prepaid wallet using international cards and use it to scan QR codes for person-to-merchant transactions on the Unified Payments Interface network.NPCI said the wallet is accessible through authorised prepaid payment instrument providers at New Delhi’s international airport and at a dedicated counter at the summit venue. Users are required to complete identity verification through passport and visa documentation within a mobile application before activating the wallet. The system allows capped wallet top-ups, and unused balances can be transferred back to the original funding source in line with foreign exchange rules.The pilot comes as India continues to position its domestic payments infrastructure for cross-border and visitor use cases. UPI has seen rapid adoption domestically, processing billions of monthly transactions, and regulators and industry participants have been… Read MoreYourStory RSS Feed
