2023-06-13 20:48:45
New Delhi: Unified Pay to be rolled out to Gulf states soon India to deliver User Interface (UPI) services The effort has begun. Several Gulf states have expressed interest. Four National Payment Corporation of India (NPC) (PCI) Discussions have started for this. Gulf states including Bahrain, Saudi Arabia, and the U. .Discussions to expand PI services are in progress that
Reserve Bank of India and Central Bank of other countries and Indian Mission Offices for this discussion. NPCI Managing Director said that it has been facilitated Chief Executive Dilip Azbe said. India in June 10 billion UPI transactions expected doing
Remittance will be easy
Millions of Indians will live in the Gulf region. This is taken into account for cross-border remittances. Bank-to-Bank with Gulf States to simplify N.P.C.I.Shra to set up bank transfer arrangements The report is excellent. UPI service extended to Gulf. There are millions of women who work there. Easy entry for Indians including Layali You can send it.
Facilitated Singapore
India and Singapore introduced domestic payment systems earlier this year. We have a facility to tie us up and make money. Yes. More than a billion dollars a year. Yakam. In 2021, Bhutan will accept the UPI system. The first foreign country. Next year Nepal and U.P. .II solution accepted.
Transaction through international number
N.R.E/N with International Mobile Numbers UPI through non-resident accounts like R.O. N.P for the first time this year to transact using .C.I. was allowed. Australia, Canada, Oman, Qatar, U.S., Saudi Arabia, Hong Kong, Singapore, U. N.R.A. from A.E., U.K. You can use this facility.
NPCI
NPCI is an organization to operate retail payments in India. A consortium has been formed by leading banks. This consortium is owned by NPCI. NPCI is also an institution promoted by the Reserve Bank of India. NPCI has played a major role in making small money transactions seamless across India. Now efforts are being made to make money transactions globally.
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