India stalls Alipay+ UPI link over security and data concerns
India has reportedly paused approval for an Alipay+ connection to UPI, citing security, data-storage, cyberfraud and money-laundering risks. The delay limits a potential cross-border payment corridor for Indian travellers across Alipay+’s 150 million-merchant network and for inbound visitors to India.
What happened
India has stalled Alipay+'s proposed UPI linkage for cross-border payments, citing national-security, data-storage, cyberfraud and money-laundering concerns.
Key facts
- 150 million merchants
- $23.8 trillion projected Asia-Pacific outbound cross-border payments market by 2032
Why this matters
Prioritise partnerships with India-approved payment rails and build rigorous data-localisation, fraud and AML safeguards into any cross-border payments deal.