{"id":22188,"date":"2025-04-23T13:17:23","date_gmt":"2025-04-23T07:47:23","guid":{"rendered":"https:\/\/blog.razorpay.in\/blog\/?p=22188"},"modified":"2025-04-23T13:17:23","modified_gmt":"2025-04-23T07:47:23","slug":"how-global-payment-aggregators-can-enable-upi-payments-from-india","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/how-global-payment-aggregators-can-enable-upi-payments-from-india\/","title":{"rendered":"How Global Payment Aggregators Can  Enable UPI Payments from India"},"content":{"rendered":"<p><span style=\"font-weight: 400\">India is one of the fastest-growing digital economies in the world. With over a billion people online and a rapidly evolving payments ecosystem, UPI has become the default way to pay &#8211; powering everything from daily essentials to big-ticket purchases.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Whether it\u2019s buying groceries or paying for an OTT subscription, Indian consumers overwhelmingly choose UPI. To put things into perspective, UPI now accounts for over 75% of all retail digital payments in the country!<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u200b\u200bAnd this is why most global merchants are still struggling to tap into this massive user base. Most rely on international cards or wallets, which only scratch the surface of what Indian customers use day-to-day.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Facilitating UPI isn\u2019t straightforward either as it typically requires setting up a local entity, navigating complex regulations, and building banking partnerships from scratch.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">So how can global payment aggregators solve this problem for their merchants and help them unlock India\u2019s potential? Let\u2019s discuss.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">First, let\u2019s look at what makes accepting local payments in India so complex in the first place.<\/span><\/p>\n<h3><b>The Challenge: Accepting Local Payments in India Isn\u2019t Easy<\/b><\/h3>\n<p><span style=\"font-weight: 400\">On paper, tapping into the Indian market seems like a no-brainer &#8211; it&#8217;s large, digital-first, and growing rapidly. But enabling UPI comes with some roadblocks and quite a bit of friction. Here\u2019s why:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><b>You need a local entity<\/b><span style=\"font-weight: 400\">: Regulatory norms in India often require payment providers to have a local presence to offer domestic payment methods like UPI.<\/span><span style=\"font-weight: 400\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400\"><b>Compliance is complex<\/b><span style=\"font-weight: 400\">: From RBI guidelines to data localisation requirements, there\u2019s a long list of regulatory boxes to check.<\/span><span style=\"font-weight: 400\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400\"><b>Banking integrations take time<\/b><span style=\"font-weight: 400\">: Building direct relationships with Indian banks or payment networks can take months &#8211; if not longer.<\/span><span style=\"font-weight: 400\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400\"><b>Ongoing maintenance<\/b><span style=\"font-weight: 400\">: Even after setup, staying compliant and operational means constant oversight, audits, and updates.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">As you can see, enabling UPI isn\u2019t just a technical integration &#8211; it requires navigating regulation, infrastructure, and ongoing compliance. But what if your merchants could accept UPI payments, set up subscriptions, and get settled in their home currency &#8211; all without setting up a local entity?<\/span><\/p>\n<p><span style=\"font-weight: 400\">That\u2019s exactly what Razorpay\u2019s Import Flow enables.<\/span><\/p>\n<h3><b>The Solution: Unlock UPI Access with Razorpay Import Flow<\/b><\/h3>\n<p><span style=\"font-weight: 400\">Razorpay\u2019s Import Flow is built to solve exactly this challenge &#8211; helping global payment aggregators enable local Indian payment methods like UPI, netbanking, and domestic cards for their merchants, without needing a local entity in India.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Here\u2019s how it works:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><b>We act as the Merchant of Record (MoR)<\/b><span style=\"font-weight: 400\"> in India, handling all local compliance, banking relationships, and regulatory requirements on your behalf.<\/span><span style=\"font-weight: 400\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400\"><b>You plug into Razorpay\u2019s infrastructure<\/b><span style=\"font-weight: 400\">, and in turn, your merchants get access to India\u2019s most preferred payment methods \u2014 UPI, netbanking, and more.<\/span><span style=\"font-weight: 400\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400\"><b>You receive settlements in your currency<\/b><span style=\"font-weight: 400\">, without worrying about forex regulations or setting up an Indian bank account.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">And all of this comes with:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Industry-best success rates<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Support for recurring payments and subscriptions<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">End-to-end compliance and reconciliation handled for you<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">In short, we take care of the complexity so you can focus on scaling your platform and helping your merchants grow in India &#8211; without roadblocks.<\/span><\/p>\n<h3><b>Let\u2019s Unlock India Together<\/b><\/h3>\n<p><span style=\"font-weight: 400\">India is no longer a \u201cfuture opportunity\u201d &#8211; it\u2019s a thriving, digital-first market that\u2019s ready right now. And UPI is the key to unlocking it.<\/span><\/p>\n<p><span style=\"font-weight: 400\">With Razorpay Import Flow, you can help your merchants reach millions of Indian customers, offer the payment methods they actually use, and do it all without the burden of setting up locally.<\/span><\/p>\n<div style=\"text-align: center\"><a style=\"border-radius: 3px;background: #528FF0;padding: 15px;font-weight: 600;cursor: pointer;text-decoration: none;color: white\" href=\"https:\/\/razorpay.com\/accept-international-payments-from-india\/\">Learn More!<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>India is one of the fastest-growing digital economies in the world. With over a billion people online and a rapidly evolving payments ecosystem, UPI has become the default way to pay &#8211; powering everything from daily essentials to big-ticket purchases. Whether it\u2019s buying groceries or paying for an OTT subscription, Indian consumers overwhelmingly choose UPI.<\/p>\n","protected":false},"author":158,"featured_media":22195,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[369],"tags":[907,213,970],"class_list":{"0":"post-22188","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-international-payments","8":"tag-accept-international-payments","9":"tag-cross-border-payments","10":"tag-import-flow"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/22188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/158"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=22188"}],"version-history":[{"count":2,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/22188\/revisions"}],"predecessor-version":[{"id":22197,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/22188\/revisions\/22197"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/22195"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=22188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=22188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=22188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}