UPI Likely To Grow Further In Several Countries: RBI Governor

Date:

New Delhi: Reserve Bank of India Governor Shaktikanta Das said he is optimistic that the Unified Payments Interface (UPI) will grow further in several countries. Das, who is on a five-day visit to the state, said UPI is already present in many countries through QR codes and the linkage of fast payment systems, and discussions are underway with several other nations.

“We expect this to grow further at the global level and internationalise in future,” he told reporters here on Friday evening. Speaking at an event in Mumbai on Wednesday, Das had said that notable progress in this direction has already been made with countries like Bhutan, Nepal, Sri Lanka, Singapore, the UAE, Mauritius, Namibia, Peru, France and a few others for acceptance of RuPay cards and payments through the UPI network.

These endeavours, he said, underscore collaborative efforts for the adoption of India’s initiatives across the globe. 

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

MSRTC Hikes Bus Fares By 14.95%; Auto And Taxi Rates To Follow

New Delhi: Passengers, starting this Friday across Maharashtra, will...

ASHA Workers Honoured As Pillars Of Indias Healthcare System At 76th Republic Day Event

New Delhi: Accredited Social Health Activists (ASHA) -- community...

Republic Day 2025: Is It The 76th Or 77th Celebration? Check Theme And Chief Guest, Full Details Explained

Republic Day 2025: India celebrates Republic Day every year...

50,000 Jobs, Yamuna Cleaning And Ownership Rights In Unauthorised Colonies: BJPs New Promises In Delhi Polls

Delhi Elections 2025: Union Home Minister Amit Shah launched...