India’s UPI Payments Developer Targets Diaspora For Growth

India’s UPI Payments Developer Targets Diaspora For Growth The operator of India’s ubiquitous mobile payments network plans to tap the country’s vast overseas diaspora as a springboard for global expansion, aiming to make the platform a preferred way to transact money across borders. “Is it possible to get 15-20 markets in the next 10 years’ time? I think that’s a top-level kind of go-to-market approach,” said Dilip Asbe, chief executive officer of the National Payments Corporation of India, which developed the Unified Payments Interface, or UPI. “The way India is self-sufficient on domestic payments, we would like to be as much self-sufficient on cross-border payments as well.”