Dutch payments company Adyen plans to expand its India operations, citing growth in digital payments and cross-border commerce. The company has built local capacity after receiving Indian payment-aggregator and cross-border permissions and is integrating with UPI.
The larger policy story is India’s attempt to combine open digital public infrastructure with tighter regulation of payment intermediaries. UPI has changed consumer payments, while licensing, data localisation, fraud control and cross-border rules shape how global firms participate.