NPCI seeks real-time payment link: India-US banks

NPCI seeks real-time payment link: India-US banks

NPCI's Global Initiative: NPCI broadens UPI globally, including non-resident Indians, facilitating cross-border real-time payments, promoting financial inclusivity.

International Collaborations and Benefits: NPCI collaborates globally with PayNow and Faster Payment System, extending UPI's convenience to Indians abroad, reducing remittance costs, and speeding up transactions for millions worldwide.

NPCI's Vision for UPI Expansion:   * NPCI aims for UPI as a global payment network, linking real-time systems worldwide.  * It fosters Indian diaspora and invites international consumers to Indian e-commerce, boosting cross-border trade.

Future Prospects and NPCI's Global Footprint: NPCI expands UPI globally, with success in Singapore and the UK and ongoing talks in the US. It aims for UPI as a global payment method, boosting India's digital economy.

Future Prospects and NPCI's Global Footprint: NPCI expands UPI globally, with success in Singapore and the UK and ongoing talks in the US. It aims for UPI as a global payment method, boosting India's digital economy.

For More Business News Updates checkout

For More Business News Updates checkout

Arrow