India payments authority eyes Africa, South America for digital payment push, official says

  • Posted on September 24, 2024
  • By Business News Today
  • 3 Views
India payments authority eyes Africa, South America for digital payment push, official says

India is in discussions with African and South American countries to help them develop digital payment systems based on its Unified Payments Interface (UPI). The National Payments Corporation of India expects two launches by early 2027. Talks are ongoing with several countries, including Rwanda, to replicate UPI's success overseas.
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