CheqUPI Survey Highlights Payment Challenges Faced by Foreign Tourists in India - News

A recent survey by CheqUPI, India’s first UPI interface platform for foreigners, found that payment instruments shape international tourists’ travel experiences. The 800-person survey of international tourists. Tourism will boost India’s GDP by US$250 billion by 2030. 
According to the survey, payment issues are a key concern for travelers and might affect their vacation experiences. In distant places, 85 percent of visitors find it difficult to find ATMs that accept international cards. 75 percent of travelers struggle with cash dependency.
CheqUPI provides a seamless UPI payment solution for international tourists in India to address these issues. The survey also found that 45 percent of passengers have had problems with OTP verifications requiring an Indian phone number, and 25 percent have been scammed during online bookings and payments. Another issue is language, with 70 percent of visitors worried about miscommunication. QR-powered UPI for cashless transactions is important because 80 percent of travelers are affected by currency exchange rate fluctuations.