Ease of doing biz: India-New Zealand explore UPI implementation to boost trade & tourism between two countries
In 2022, the National Payments Corporation Of India (NPCI), the umbrella organisation offering UPI services, signed a memorandum of understanding (MoU) with Frances fast and secure online payment system, called Lyra. In 2023, UPI and Singapores PayNow signed an agreement, allowing users in either country to make cross-border transactions.
New Zealand Damien Oconnor Piyush Goyal National Payments Corporation Of India Services Agreement National Payments Corporation
Source: indiatimes.com