UPI now in UK

Date:

The indigenously developed real-time payments solution Unified Payments Interface (popularly known as UPI) is all set to foray into the UK market starting with QR code-based transactions. According to a PTI report, the NPCI International Payments Ltd (NIPL) has forged a partnership with payments solutions provider PayXpert to internationalise the acceptance of its payment solutions in the UK.

NIPL is the wholly-owned subsidiary of National Payments Corporation of India (NPCI), which developed the UPI and the RuPay card scheme.

━ related

Live Updates on RBI Monetary Policy: Key Decisions and Implications

Stay informed with live updates on the Reserve Bank of India's (RBI) monetary policy. This article provides real-time information on the central bank's policy decisions, including interest rates, liquidity measures, and other economic indicators, along with their potential impact on the Indian economy and financial markets.

Celebrating World Oceans Day 2023: Preserving Our Blue Planet

World Oceans Day 2023 is a global celebration that emphasizes the significance of our oceans and the urgent need to protect and preserve them. This year's theme highlights the crucial role of oceans in sustaining life on Earth and calls for collective action to address the environmental challenges they face.

Ukraine’s Nova Kakhovka Dam Disaster: Key Points on the Strategically Important Reservoir

The Nova Kakhovka Dam in Ukraine has recently experienced a disaster, highlighting the significance of this strategically important reservoir. Here are key points to understand the implications of the incident and its potential impact on Ukraine's water management, energy production, and regional stability.

World Bank Cuts India’s GDP Growth Forecast for FY24 to 6.3% While Raising Global Outlook

The World Bank has revised India's GDP growth forecast for the fiscal year 2023-2024, projecting a rate of 6.3%. This downward revision reflects the challenges faced by the Indian economy, while the global outlook has been revised upwards. The World Bank's assessment highlights the need for policy measures to address the factors impacting India's economic growth.

Tata Group Signs $1.6 Billion EV Battery Plant Deal in Gujarat

The Tata Group, a prominent conglomerate in India, has inked a significant deal worth $1.6 billion to establish an electric vehicle (EV) battery manufacturing plant in Gujarat. This strategic move reflects Tata's commitment to the development of sustainable mobility solutions and positions the company at the forefront of India's electric vehicle revolution.