The value of digital payments has surged to Rs 1,669 lakh crore in the first five months (April-August) of the current financial year 2024-25, according to Union Finance Ministry. The …
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Economy
India to create a cross-border retail payment platform with four ASEAN countries
by ANIby ANIIndia has joined Project Nexus, a multilateral international initiative that aims to enable instant cross-border retail payments through interlinking payment systems of various countries. Nexus was conceptualised by the Innovation …
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After Singapore, the RBI has started discussions with other countries Mauritius, Indonesia and the UAE for directly linking India’s Unified Payments Interface (UPI) with payment networks in these nations for …