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The unified payment interface (UPI), a popular digital payment system in India, has been launched in Nepal, enabling seamless transactions between the two neighbouring countries., Economy News, Times Now
NPCI International Payments Ltd (NIPL), the international arm of National Payments Corporation of India (NPCI) and Fonepay Payment Service Ltd, Nepal’s payment network, have announced that Unified Payment Interface (UPI) is now live for cross-border transactions between India and Nepal.
The development follows the collaboration between NPCI International Payments (NIPL) and Fonepay Payment Service, Nepal's leading payment network, in September last year.