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UPI INTERNATIONAL REMITTANCE
Qatar launches new UPI route to send money to IndiaQatar Post, in partnership with India Post, has launched PosTransfer, a new remittance service aimed at simplifying money transfers. This s...- How India's digital infrastructure opened global markets to Indian investorsIndian residents' outward remittances have significantly increased, reaching a record USD 31.73 billion by FY2023-24. Digital reforms and i...
- The hidden economics of international spendingThe expansion of Indian international spending is rapidly increasing annually. The hidden costs of forex mark-up on credit cards can signif...
- Indian diaspora could be UPI’s ticket to the global payments mapNPCI plans to expand UPI internationally by targeting countries with large Indian diaspora populations, with CEO Dilip Asbe saying it could...
- EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
- EbixCash becomes first non-bank entity to get RBI nod for trade remittancesEbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...
- Nearly 55.49 crore UPI users onboarded by June 2026Around 55.49 crore UPI users were onboarded by June 2026, Parliament was informed. UPI transactions reached 24,162 crore in volume and Rs 3...
- The waiting game: Why the UK’s stablecoin moment is nowGlobal stablecoin market value exceeds three hundred billion dollars, dominated by US dollar denominations. The United Kingdom faces a stra...
- UPI, India's epic odyssey continuesThe immediate benefit to India from the cross-border expansion of UPI is reduction in remittance costs. This is a key concern for a nation ...
- UPI transactions moderate to Rs 28.9 lakh crore in June, up 20% YoYUnified Payments Interface (UPI) transactions saw a slight dip in June, reaching Rs 28.9 lakh crore, down from May's record high. Despite t...
- NPCI plans to enable unified e-mandate tracking for all UPI appsThe National Payments Corporation of India is set to unify UPI e-mandate management for all third-party apps, allowing users to view subscr...
- Nepal seeks reset with China as Foreign Minister Khanal holds wide-ranging talks in BeijingNepal's Foreign Minister Shisir Khanal had a meeting with China's Wang Yi in Beijing. They talked about how the two countries get along, im...
- India, Nepal launch cross-border remittance mechanism; links UPI, NPIIndia and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instan...
- India, Nepal launch UPI-NPI linkage for real-time cross-border remittancesIndia and Nepal have unveiled a direct payment link between their respective UPI and NPI systems, revolutionizing cross-border remittances....
- Eurobank begins UPI-based remittances from GreeceEurobank has launched a UPI-based remittance service from Greece to India, enabling Indian customers to transfer money near-instantly at mi...
- UPI-PayNow: International remittance enabled for these 13 new banks by NPCI; Know the detailsNPCI has expanded the UPI-PayNow international remittance service to include 13 additional Indian banks, bringing the total to 19. This enh...
- NPCI International signs MoU with Greek bank to take UPI to EuropeNPCI International Payments signs MoU with Greek bank Eurobank for inward remittance from Greece to India through UPI. Indian tourists in F...
- IndusInd Bank, NPCI partner to simplify cross-border remittances through UPIIndians can now get remittance money from their foreign sources in a much easier way as IndusInd Bank has tied up with NPCI to facilitate c...
- Financial handshake signals swift demiseIf the linkage between UPI and PayNow is successful, it can be replicated in other countries, leading to network effects, greater trade and...
- NPCI plans international remittance on UPI platformIMPS or Immediate Payment Service and NEFT or National Electronic Fund Transfer are modes of settlements for interbank retail payments.
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