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NPCI International Payments, a wholly-owned subsidiary of National Payments Corporation of India (NPCI), entered into partnership with digital payments infrastructure provider PPRO to facilitate global e-commerce payments through UPI. The agreement is aimed at expanding RuPay card and UPI acceptance across global clients such as payment service providers (PSPs) and global merchant acquirers. It will drive NPCI International’s expansion into foreign markets and will add India to PPRO’s Local Payment Method (LPM) coverage map. It will also allow global PSPs, banks, payment gateways and enterprises with payment platforms to expand globally giving international e-commerce merchants access to Indian consumers.
India has recently achieved an “outstanding outcome” in the 2023-24 Mutual Evaluation Report by the Financial Action Task Force (FATF). According to...
The Mumbai-based realtor Suraksha Realty is acquiring Jaypee Infratech for a consideration of _____.
Consider the following statements regarding the penalties imposed by RBI on certain banks-
I.The Reserve Bank has imposed a Rs 50 lakh penalty on...
The Reserve Bank of India (RBI) recently introduced a revised SAARC Currency Swap framework for 2024-27. What is the worth of the separate Indian Rupee ...
Which fundamental right allows Indian citizens to reside and settle in any part of the country?
The Securities and Exchange Board of India (Sebi) has issued steps to simplify the requirements for registering as an ‘Accredited Investor’ along wi...
What is the total prize money for the Hockey India League (HIL) 2024-25 edition?
Who has been appointed as the new Managing Director and CEO of Kia India, succeeding Kook Hyun Shim and Tae Jin Park?
A new species of litter-dwelling jumping spider, ‘Habrocestum swaminathan,’ was recently discovered in which state?
Which of the following statements is/are not correct in regards to budget 2023-24?
1. ‘Bharat Shared Repository of Inscriptions’ to be ...