NPCI In Talks With 30 Countries For RuPay Cards, UPI Adoption

NPCI In Talks With 30 Countries For RuPay Cards, UPI Adoption

SUMMARY

The NIPL has approached foreign countries with the objective to assist them in building UPI like solutions through interoperable payment system: MoS Rajkumar Singh

UPI apps would enable use of RuPay cards by Indian travellers abroad for making purchases and for facilitating remittance to and from India with efficiency and speed: Govt

Bhutan, Singapore and the UAE currently accept both UPI and RuPay cards, while Nepal only accepts RuPay cards

The National Payments Corporation of India (NPCI) is currently in talks with 30 countries for the adoption of RuPay cards and Unified Payments Interface (UPI), Minister of State for External Affairs Rajkumar Singh informed the Parliament on Friday (July 29).

The NPCI has entrusted its arm, NPCI International Payments Limited (NPIL) with the task of ramping up the adoption of UPI and RuPay cards in foreign countries. 

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