‘No cash, no complications’: Raghav Chadha highlights UPI-UZQR link to simplify payments for Indians in Uzbekistan
Chadha had been nominated to represent the Parliament of India at the 12th Inter-Parliamentary Union (IPU) Global Conference of Young Parliamentarians.
Rajya Sabha MP Raghav Chadha, speaking at the 12th Inter-Parliamentary Union (IPU) Global Conference of Young Parliamentarians in Uzbekistan, emphasized the potential of India's Unified Payments Interface (UPI) to simplify payments for Indian travelers visiting the country. Chadha highlighted that UPI's integration with Uzbekistan's UZQR system will enable Indian travelers to make direct payments by scanning QR codes at shops, eliminating the need for physical cash.
The UPI system, launched by the Union government in 2016, has experienced remarkable growth; in its first month, it processed only 90,000 transactions, while in the last financial year (2025-26), it processed over 240 billion transactions worth ₹314 trillion, indicating a reduction of 97% in the cost of data access.
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