8B, PayU Partner to Enable UPI Payments for Indian Users Across Central Asia

Date:

Trending

- Advertisement -

Central Asian fintech infrastructure company 8B has partnered with PayU Payments to enable UPI and other Indian payment options for merchants across Central Asia, marking a step towards building a cross-border payments corridor between India and the region.

Under the partnership, PayU’s APIs will be integrated into 8B’s merchant network across Kazakhstan, Uzbekistan, and Kyrgyzstan, allowing Indian users to pay using UPI, net banking, and domestic cards at merchants in these markets.

The integration allows merchants to accept Indian payments through their existing infrastructure, with UPI added as an additional payment layer. Beyond UPI, the system will also support net banking and Indian debit and credit cards, including RuPay, expanding the range of payment options available to travellers.

- Advertisement -

The move comes as travel and commerce between India and Central Asia continue to grow, with Indian consumers increasingly spending on services such as travel bookings, digital products, and cross-border purchases in the region. The companies said enabling familiar payment methods is expected to reduce friction at checkout and improve conversion for merchants.

Speaking about the partnership, Bogdan Zadorozhnyi, Co-Founder & Chief Innovation Officer, 8B said, “The India–Central Asia corridor is moving faster than the rails, roads, and payment systems built to serve it. The Indian visitor landing in Almaty today comes with digital habits shaped by UPI. Asking them to navigate a different payment experience abroad creates unnecessary friction. This is about making cross-border commerce feel as effortless as commerce at home – it opens the door to a broader commercial relationship in which tourism is only the starting point.”

- Advertisement -

“Our collaboration represents a significant step forward in PayU’s international growth strategy, through which we’re not just enabling transactions, we’re laying the foundation of the future of digital payments infrastructure between the two economies, one that connects India’s digital-savvy consumers with Central Asia’s rapidly growing travel and commerce sectors,” Nikhil Mehta, Senior VP, Partnerships & Business Head – Growth Initiatives (Cross Border Payments & Affordability), PayU further added.

In Kazakhstan, transactions will be processed through Zesta LLP, a locally licensed payment organisation, ensuring compliance with domestic regulations.

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.

More Latest Stories

More Articles

Ethnic Wear Brand Alaya By Stage3 Raises Seed Funding Led by LC Nueva AIF

Gurugram-based Alaya By Stage3, a modern Indian wear brand operated by Cosmo Brands, has raised an undisclosed seed funding round led by LC Nueva...

Refurbished Electronics Platform Grest Secures FDI from Japan’s ICMG in Pre-Series A Round

Grest, an India-based premium refurbished electronics platform, has secured foreign direct investment from ICMG as part of its ongoing undisclosed Pre-Series A funding round, marking its first overseas investment. The development comes as India’s refurbished electronics market continues to formalise, with industry estimates pointing to...

Random video chat: what it is, how it works, and why people use it

In an era where connecting with others online has become part of everyday life,...

The IoT Platform Market Just Consolidated: Smart Integrators Are Looking Elsewhere

Three platforms changed owners in 15 months. Your stack didn't change. Your risk profile did.

Meta Platforms, Broadcom Partners to Co-Develop Multi-Gen Silicon AI Chips

Facebook parent Meta Platforms (NASDAQ: META) has expanded its partnership with Broadcom to co-develop...

Practo Names Srijesh Kumar as Global CPTO

India-based online doctor consulting platform, Practo has announced the appointment of Srijesh Kumar as...

Matrix Geo Solutions Wins ₹5.14 Crore Narmada Survey Project from MPSEDC

Matrix Geo Solutions Limited has received a Letter of Acceptance (LoA) from Madhya Pradesh...

Why Reliability and Security Are the New Differentiators in Enterprise Tech

For years, enterprises competed on features, scale, and speed. Today, the real differentiator is...

How Home-Based Healthcare is Improving Medical Accessibility Across India

The Indian health care industry has seen considerable transformation in recent times, primarily due to changes in patient demand and an increasing need for...

Mytek Launches Reverse Auction Model, Reports ₹48.29 Crore Revenue

Mumbai-based commerce platform Mytek on Tuesday launched a reverse auction model, introducing a bidding-based...

Trump Accuses Iran of Breaching Ceasefire, Warns Over Strait of Hormuz Transit

The US President Donald Trump has accused Iran of failing to allow adequate oil...

The Future of Crypto Investing Is on Autopilot

When most people think about cryptocurrency investing, they envision charts fluctuating rapidly, traders responding...

Cisco Appoints Pete Shimer to Board, Daniel Schulman to Step Down

Cisco Systems (NASDAQ:CSCO) has appointed Pete A. Shimer to its board of directors, while...

Cisco Director Pete Shimer Files Initial Ownership Disclosure with SEC

Cisco Systems (NASDAQ: CSCO) board member Pete A. Shimer has filed an initial statement of beneficial ownership with the U.S. Securities and Exchange Commission...

Cisco Report: Cybersecurity Remains Top Challenge as Industrial AI Adoption Expands

Cisco Systems (NASDAQ:CSCO) has released its latest State of Industrial AI Report, highlighting how sectors such as manufacturing, utilities, and transportation are accelerating the deployment of artificial intelligence into real-world operations. The report is based on a global survey of more than 1,000 operational technology...

Motilal Oswal Alternates leads $280 Mn Series E Round for KreditBee

India based digital lending platform KreditBee (KrazyBee Services PVT Ltd) has raised $280 million...

Cisco Appoints Pete Shimer as its board of directors

American multinational technology conglomerate, Cisco Inc (NASDAQ: CSCO) on Tuesday announced the appointment of...

SatLeo Labs Raises $2.2 Mn Seed Round Led by Unicorn India Ventures

SatLeo Labs, a Gujarat-based space tech startup focused on capturing high-resolution thermal and visible...

How Graphics on Cars Can Boost Your Business

In today's competitive market, businesses are constantly looking for innovative ways to stand out...

How Modern Technology Enhances Efficiency and Performance of Residential HVAC Systems

Modern technology has revolutionized many aspects of our daily lives, and residential HVAC systems...

CredResolve Secures Pre-Series A round funding from Merak Ventures & Others

CredResolve, an India-based AI-powered debt collections infrastructure company, has raised a pre-Series A funding...

Vanguard Group Reports Ownership Below 5% in Apple Following Internal Realignment

The Vanguard Group has reported that it now holds less than a 5% stake...

Concord Control Systems Secures INR 84 Cr Order From Indian Railways For Loco Wireless Control Systems

Concord Control Systems Limited (BSE: CNCRD), a manufacturer of embedded electronic systems and a...

VES College of Architecture’s Dr. Prof. Anand Achari on Preparing Students for Real Urban Challenges with AI and Design Thinking

Speaking with TechGraph, Principal of VES College of Architecture (VESCOA), Dr. Prof. Anand Achari,...

The Future of Crypto Investing Is on Autopilot

When most people think about cryptocurrency investing, they envision charts fluctuating rapidly, traders responding...

Cambodia Installs Statue Honouring Mine Detection Rat Magawa

Magawa, a landmine detecting rat who was awarded a gold medal for his service,...

GPS Renewables’ GPSR Arya Raises ₹500 Million from Axis AMC to Scale CBG Projects Across India

GPSR Arya, the asset platform of GPS Renewables, has raised ₹500 million in mezzanine...

realme Launches realme 16 5G in India with Dual 50MP Cameras, 7000mAh Battery

With a bid to strengthen its position in the mid range segment, realme has...

Evolving Practices in Industrial Operations and Infrastructure

Industrial operations and infrastructure continue to evolve as organizations adapt to new technologies, regulatory...

Cisco Appoints Pete Shimer to Board, Daniel Schulman to Step Down

Cisco Systems (NASDAQ:CSCO) has appointed Pete A. Shimer to its board of directors, while...

Concord Control Systems Secures INR 84 Cr Order From Indian Railways For Loco Wireless Control Systems

Concord Control Systems Limited (BSE: CNCRD), a manufacturer of embedded electronic systems and a...

NIELIT, SKD University Sign MoU to Expand AI, Cyber Security and Data Science Education in Rajasthan

The National Institute of Electronics and Information Technology (NIELIT) and Shri Khushal Das University...

VES College of Architecture’s Dr. Prof. Anand Achari on Preparing Students for Real Urban Challenges with AI and Design Thinking

Speaking with TechGraph, Principal of VES College of Architecture (VESCOA), Dr. Prof. Anand Achari,...