India To Now Extend Its UPI Payment Service To Maldives

India To Now Extend Its UPI Payment Service To Maldives

SUMMARY

The MoU was signed between the NPCI and the Maldives’ economic development and trade ministry after Jaishankar concluded his meeting with Maldivian counterpart Moosa Zameer

Jaishankar began a three-day visit to the Maldives on Friday, his first since the government of President Mohamed Muizzu assumed office in November last year

Besides this, the minister also announced the inauguration of six high-impact projects in street lighting, mental health, children's speech therapy and special education with his Maldivian counterpart

India and Maldives have inked a pact to roll out Unified Payments Interface (UPI) in the Indian Ocean archipelago as external affairs minister S Jaishankar said that the move will have a positive impact on the tourism sector.

The memorandum of understanding (MoU) was signed between the National Payments Corporation of India and the Maldives’ economic development and trade ministry after Jaishankar concluded his meeting with Maldivian counterpart Moosa Zameer.

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