Google Pay Signs MoU With NPCI To Expand UPI Payments Globally
The MoU between Gpay India and NIPL will aim to ease doing business and making payments for Indian travellers and people from other countries who are coming to India.
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The MoU between Gpay India and NIPL will aim to ease doing business and making payments for Indian travellers and people from other countries who are coming to India.
Google has signed a Memorandum of Understanding with the National Payments Corporation of India to expand the use of UPI to other countries. This will help Indian travelers to make payments in foreign countries using UPI.
In October, Unified Payments Interface (UPI) transactions hit a record value of Rs 17.16 trillion, marking a 9% increase from September's Rs 15.8 trillion. This surge also extended to the volume of transactions, reaching a new high of 11.41 billion, up 8% from 10.56 billion in September.