Pine Labs and Webxpay bring India's UPI to Sri Lanka
Pine Labs has partnered with Webxpay to introduce India's Unified Payments Interface (UPI) to Sri Lanka, targeting the increasing number of Indian tourists visiting the island nation. In 2025, over 530,000 Indian travelers visited Sri Lanka, establishing India as the largest source of tourists, a trend that is expected to continue into 2026. This move is part of a strategy to enhance payment convenience for Indian tourists while catering to the rising demand for digital payment solutions in the region.
Key takeaways
- ▸Pine Labs partners with Webxpay to deploy UPI in Sri Lanka.
- ▸India is the largest tourist source for Sri Lanka, with over 530,000 visitors in 2025.
- ▸The introduction of UPI aims to facilitate smoother transactions for Indian tourists.
- ▸This initiative aligns with the growing demand for digital payment infrastructures in Sri Lanka.
Why this matters
The introduction of UPI in Sri Lanka can significantly streamline payment processes for Indian tourists, enhancing their overall experience and potentially increasing spending. By improving payment options, both Pine Labs and Webxpay position themselves as key players in the lucrative tourism sector, while local merchants benefit from greater transaction volumes and improved payment efficiency.
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