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India, Nepal launch cross-border remittance mechanism; links UPI, NPI
India and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instantly using mobile apps. This makes payments easier for travellers and businesses. It also boosts economic ties between the two nations. This initiative enhances financial inclusion and digital integration.
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economictimes.indiatimes.com
India, Nepal launch UPI-NPI linkage for real-time cross-border remittances - The Economic Times
India and Nepal have unveiled a direct payment link between their respective UPI and NPI systems, revolutionizing cross-border remittances. This partnership by NPCI International…
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newsbytesapp.com
India, Nepal launch UPI-based cross-border remittance system
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.
