India’s government and the Reserve Bank of India are negotiating with Ant International to link Alipay+ to the country’s instant payment network. The proposal would let Indian tourists use the Unified Payments Interface to pay merchants abroad who have signed up with Alipay+. Sources say the talks are still confidential.

Integrating Alipay+ would streamline cross‑border payments and boost India’s digital‑commerce footprint. It also aligns with the government’s push to expand the Unified Payments Interface globally. The move could attract more foreign merchants to accept Indian rupees, potentially increasing transaction volumes for the National Payments Corporation of India in 2026 year.

Ant International, a Singapore‑based arm of China’s Ant Group, has already partnered with several Asian payment hubs. If approved, the integration would mark a first for a major Asian fintech in India’s regulated ecosystem. Investors will watch the RBI’s regulatory stance and the potential impact on the National Payments Corporation of India’s market share.