Google Pay India signs MoU with NPCI International to expand UPI to countries beyond India!

Science and Technology

The MoU has three key objectives. To broaden the use of UPI payments for travelers outside of India, enabling them to conveniently make transactions abroad. To assist in establishing UPI-like digital payment systems in other countries, and to focus on easing the process of remittances between countries by utilizing the UPI infrastructure, thereby simplifying cross-border financial exchanges.


      Google India Digital Services and NPCI International Payments, a wholly-owned subsidiary of the National Payments Corporation of India signed a Memorandum of Understanding to expand UPI to countries beyond India.

      To broaden the use of UPI payments for travelers outside of India, enabling them to conveniently make transactions abroad.

      To assist in establishing UPI-like digital payment systems in other countries, and to focus on easing the process of remittances between countries by utilizing the UPI infrastructure, thereby simplifying cross-border financial exchanges.

 

     


About Google Pay:

Initial release date: 19 September 2011
          ____________________________