India and Israel linked their digital payment systems, integrating UPI with Israel’s platform to enable faster, cheaper cross-border transactions.

India and Israel have linked their digital payment systems, integrating India’s UPI with Israel’s domestic platform, enabling faster, lower-cost cross-border transactions. The agreement, announced during Prime Minister Modi’s visit to Tel Aviv, aims to boost trade, tourism, and financial inclusion. The move supports broader bilateral cooperation in AI, quantum computing, space, and defense. UPI’s expansion into Israel follows similar rollouts in Singapore, the UAE, and Bhutan, as India seeks to establish its digital payment system as a global standard.