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Wire · operational-macro

PM Modi Exhorts Fintech Sector To Expand Global Reach Of UPI, Save On Remittance Costs

8 September 2026 · By · Wire by Fusion42

Published

8 September 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at dailyexcelsior.com →

◆ Verified

Fusion42 · 10 September 2026 · Fusion42 review

Prime Minister Narendra Modi urged the fintech sector to globally expand the Unified Payments Interface (UPI) by integrating it with local payment systems abroad to reduce remittance costs for the diaspora.

This Wire brief sits within Fusion42's coverage of Fintech, and 4 sources have reported it between 8 Sep 2026 and 9 Sep 2026.

◆ ◆ The Wire takeaway

India's push for UPI's global expansion opens new markets for fintech founders focused on cross-border payments and remittances. You can target diaspora communities by integrating UPI with overseas systems to capture volume currently lost to expensive channels.

◆ Coverage

4 sources · first reported 8 Sep 2026 · latest 9 Sep 2026

◆ Related on Wire

◆ Topics

Fintechupifintechremittance-costscross-border-paymentsindia