Razorpay Curlec to enable UPI payments in Malaysia

Razorpay, through Razorpay Curlec, has partnered with NPCI International Payments Limited (NIPL) to enable UPI payments in Malaysia. Indian travellers will be able to pay Malaysian merchants using UPI apps, with settlement in Malaysian Ringgit (RM).

The integration removes the need for cash or international cards for Indian visitors. Malaysian merchants will receive payments in local currency through Razorpay Curlec. Razorpay Curlec will offer UPI acceptance to businesses across sectors including retail, travel, hospitality, and small enterprises.

In 2024, more than one million Indian tourists visited Malaysia and spent over Rs 110 billion. The partnership aims to simplify cross-border payments and improve payment acceptance for merchants serving Indian visitors.

UPI processed 19.6 billion transactions in India in September 2025. The arrangement gives Malaysian businesses access to Indian UPI users and supports cross-border payments with instant settlement.

Razorpay Curlec currently supports recurring payments, card payments, payouts, subscription management, and billing solutions for businesses in Malaysia. The company will use the partnership to expand its cross-border payment stack and merchant network.

NIPL focuses on expanding UPI and RuPay outside India through partnerships with payment service providers and central payment networks. The Malaysia launch is part of NIPL’s plan to enable UPI acceptance in international markets.

UPI has expanded to several new countries, including France and the UAE, with agreements in place for Namibia, Trinidad and Tobago, and Peru. It is already operational in Bhutan, Singapore, Sri Lanka, Mauritius, and Nepal, and recently went live in Qatar.