Singapore – HitPay, a fintech company headquartered in Singapore, has recently announced the company’s new partnership with India-based payments firm NPCI International Payments Limited (NIPL). This strategic effort is designed to incorporate the Unified Payments Interface into its platform.
In a recent statement from HitPay, the company indicated that merchants in Singapore acquired by the platform can now accept UPI payments seamlessly across online and offline channels, reaching more than 450 million UPI users in India.
Said integration helps merchants save on international credit card fees while also making payments easier for Indian tourists, who form a significant portion of Singapore’s visitor base. It also supports transactions through more than 50 payment apps, including BHIM, Google Pay, PhonePe, and Paytm, among others.
Commenting about the effort, Ritesh Shukla, chief executive officer at NPCI International, stated, “We are focused on increasing UPI’s global presence to make transactions easier for Indians travelling abroad. Our partnership with HitPay expands UPI’s acceptance in Singapore, offering Indians a reliable, cost-effective payment option during their travel.”
“This collaboration also highlights our commitment to building a globally connected payments ecosystem,” Shukla further shared.
The company also said that UPI payments can now be activated for both point-of-sale and e-commerce transactions through HitPay’s integrations with platforms like Shopify, Wix, and WooCommerce. This enables consumers from India to make hassle-free payments, whether shopping online or in physical stores.
Furthermore, it also offers the ability to connect with India’s fast-growing digital economy, which records over 16 billion UPI transactions every month. With a single integration, businesses can accept payments across various touchpoints, including online shopfronts, physical retail outlets, and mobile transactions, using more than 50 UPI-supported apps.
As of March 2025, more than 9,000 merchants in Singapore have integrated UPI payments through HitPay, boosting businesses in the retail, hospitality, and tourism sectors.
Aditya Haripurkar, chief executive officer and co-founder at HitPay, further stated, “UPI has transformed India’s payment landscape with unmatched speed, simplicity, and scalability. This integration reflects HitPay’s vision to be the trusted partner for merchants in Singapore, providing seamless access to the fastest-growing markets in Asia and beyond.”
With HitPay’s integration, the company also aspires to eliminate the need for a local business entity or complex technical implementation. This also enables merchants to save up to 50% on UPI processing fees compared to traditional card payment methods.
By partnering with NIPL, HitPay has added UPI to its fast-growing suite of local and cross-border payment options.
The platform already supports PayID (Australia), PromptPay (Thailand), QRIS (Indonesia), QR Ph (Philippines), VietQR (Vietnam), and WeChat Pay (China), with new launches expected in 2025, including DuitNow (Malaysia) and additional integrations.
