India and Nepal have introduced a cross-border UPI-based remittance system, enabling instant peer-to-peer money transfers and enhancing bilateral digital financial connectivity.
The initiative allows citizens of both countries to send money directly through mobile banking apps and digital wallets
Jun 11, 2026
05:32 pm
What's the storyIndia and Nepal have launched a new cross-border remittance system, the Unified Payments Interface (UPI)-National Payments Interface (NPI).
The initiative allows citizens of both countries to send money directly through mobile banking apps and digital wallets.
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