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UPI

UPI payments likely to be available overseas in 6 months

UPI

The National Payments Corporation of India (NPCI) is working to make Unified Payments Interface (UPI) feature operational overseas in the next six months. NPCI will start this expansion plan from Singapore and UAE as these two countries have already opened up to RuPay cards.

This development is as an attempt to create a global payment product that can expand the use case of UPI and has come right after UPI had clocked 900 million transactions mark in India last month. (Source)

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