Pine Labs and WEBXPAY let Sri Lankan merchants accept UPI and Indian cards from visiting shoppers

India's Pine Labs and Sri Lankan payment aggregator WEBXPAY have gone live with a partnership, reported on 22 October 2026, that lets merchants in Sri Lanka accept the payment methods Indian visitors use at home. The companies describe it as the first aggregator-on-aggregator arrangement of its kind in Sri Lanka, run under the Reserve Bank of India's framework for cross-border payment aggregators. WEBXPAY merchants can now take UPI, UPI AutoPay, cards from major Indian issuers, net banking from more than 100 banks, EMI conversion and Credit on UPI. The methods are added inside merchants' existing WEBXPAY integrations, so no new hardware or development is needed, and funds settle on a T+1 basis. The target is Indian travellers, who made more than 530,000 visits to Sri Lanka in 2025. WEBXPAY's network covers hotels, travel firms, retailers and online sellers, all sectors where Indian customers often face foreign card fees or declines when paying abroad. Pine Labs says it plans to repeat the model in South-East Asia and other markets with heavy Indian travel and consumer spending. The deal is another sign of UPI spreading beyond India through acquirer and aggregator links rather than one-off national agreements. For merchants selling to Indian customers, offering familiar domestic methods can lift conversion and reduce the cost and friction of international card payments.