J.P. Morgan Payments and National Payments Corporation of India (NPCI) are collaborating to enable real-time currency conversion, and settlement of cross-border transactions over the Unified Payments Interface (UPI), India’s instant account-to-account payment system.

By integrating J.P. Morgan Payments’ FX and API capabilities with NPCI’s UPI infrastructure, the collaboration will enable end-to-end FX with secure, real-time conversion and settlement thereafter, helping clients make and receive cross-border payments with speed and transparency across multiple currencies.

Guhaprasath Rajagopal, Head of India Payments at J.P. Morgan Payments, said, “This collaboration reduces friction in cross-border payments and connects clients to UPI’s expanding reach, while pairing it with our real-time FX capabilities and API-based integration. We’re focused on helping clients deliver better customer experiences with greater transparency, scale and control across currencies and corridors.”

The collaboration brings clients across India faster, more transparent international payments.

“UPI has set a strong benchmark for secure, seamless digital payments. By collaborating with J.P. Morgan Payments, we aim to make cross-border payments friction free, supporting Indian travelers with an experience that is instant, reliable, and trusted,” said an NPCI spokesperson.

Already available across nine countries, including Singapore, the United Arab Emirates, Nepal, Bhutan, Mauritius, France, Sri Lanka, Cambodia and Qatar, this collaboration will support further expansion of UPI’s global footprint.  

Learn how other clients, such as Klook, leverage J.P. Morgan Payments for efficient cross-border FX solutions.