Spanish Prime Minister Pedro Sanchez on Tuesday had firsthand experience of India's digital payment transactions when he used the Unified Payments Interface (UPI) transaction to buy a Ganesh statue in Mumbai.
This achievement underscores India's rapid advancement in digital payment solutions, surpassing other nations in mobile wallet adoption.The report suggests that the trend of increasing mobile wallet usage is also evident across the Asia-Pacific (APAC) region.
Reserve Bank of India and Nepal Rastra Bank signed and exchanged Terms of Reference for integration of Unified Payments Interface (UPI) of India and National Payments Interface (NPI) of Nepal
PM Modi, Sri Lankan President and PM of Mauritius will witness the launch of Unified Payment Interface (UPI) in Sri Lanka and Mauritius, as well as RuPay card services in Mauritius.