Cross-border payments and UPI revolution in India
The Payments Association
FEBRUARY 13, 2025
The UPI revolution: A digital payments game-changer UPI is a real-time payment system developed by the National Payments Corporation of India (NPCI) that allows seamless fund transfers between banks using a mobile interface. Agreements with Peru and Namibia are set to launch UPI-modeled systems by 20262027.
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