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Wire · operational-macro

BRICS Summit 2026: Can UPI power BRICS cross-border payments?

13 September 2026 · By · Wire by Fusion42

Published

13 September 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

BRICS

◆ Source

Read at wionews.com →

◆ Verified

Fusion42 · 13 September 2026 · Fusion42 review

BRICS countries aim to boost trade in their own currencies but face challenges with cross-border money movement. India’s UPI payment system is being considered as a potential solution to simplify cross-border payments within BRICS nations.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

UPI’s role in BRICS cross-border payments opens a new path beyond traditional finance rails, making international settlements faster and cheaper for fintech founders in emerging markets. Expect new product opportunities targeting cross-border trade financing and currency exchange within BRICS nations.

◆ Coverage

1 source · 13 Sep 2026

◆ Related on Wire

◆ Topics

FintechBRICScross-border-paymentsUPIfintechtrade-settlement