In which country has PhonePe launched UPI payments?

ANS:A - Sri Lanka

PhonePe, a leading digital payments platform from India, has recently launched Unified Payments Interface (UPI) payments in the United Arab Emirates (UAE). This expansion marks a significant milestone in PhonePe’s efforts to bring UPI's seamless and efficient payment system to a global audience. By introducing UPI payments in the UAE, PhonePe aims to cater to the large Indian expatriate community and businesses operating in the region, providing them with a familiar and convenient method for digital transactions. The integration of UPI in the UAE is expected to enhance the cross-border payment experience, allowing users to make transactions quickly and securely using their mobile devices. This move aligns with the growing trend of global financial institutions and fintech companies adopting and adapting successful payment technologies across different markets. PhonePe’s entry into the UAE market reflects its broader strategy of expanding its footprint beyond India and contributing to the global adoption of UPI technology.