Which payment company has signed an agreement with NPCI to expand the scope of Unified Payments Interface ( UP

Solution

Google Pay and NPCI International Payments has signed an agreement to expand the scope of Unified Payments Interface ( UPI) payments outside India.

It will enable Indian travellers to transact digitally abroad while establishing systems similar to UPI in other countries. The move will enable foreign merchants to access Indian customers. Such customers will be able to make payments using UPI-powered apps from India without requiring to rely on foreign currency, credit or forex cards.