The Favara-UPI cross-border payment corridor now connects Maldives and India, making Maldives the 10th country to accept UPI for seamless transactions by Indian travelers abroad.

NPCI International Payments Ltd (NIPL) and Maldives Monetary Authority (MMA) have announced the successful go-live of the integration between the Maldives’ Instant Payment System…

Maldives has launched real-time fund transfers to India using UPI. This integration connects Maldives' Favara system with India's popular payment platform. Individuals can now…