EbixCash becomes first entity to enable UPI for foreign nationals

EbixCash becomes first entity to enable UPI for foreign nationals

Daily Current Affairs / EbixCash becomes first entity to enable UPI for foreign nationals

Change Language English Hindi

Category : Business and economics Published on: February 17 2023

Share on facebook

EbixCash Limited, a subsidiary of US-based Ebix Inc, has become the first company in India to launch and enable Unified Payments Interface (UPI) transactions for foreign nationals visiting India.
The facility will initially be extended to travellers from G-20 countries arriving at select international airports and later across all other entry points.
The central bank had also recently allowed non-resident Indians, who have international mobile numbers linked to their NRE/NRO accounts, to use the UPI network when in India.
EbixCash has become the first entity to enable UPI services for foreign delegates attending the G-20 summit.
EbixCash will carry out a pilot launch shortly in Bangalore at the G-20 summit.

Recent Post's

Jyotiraditya Scindia inaugurated the SatCom Summit at India Mobile Congress 2025 to boost digital connectivity in remote villages through satellite communication.
Read More....
The 2025 Nobel Prize in Chemistry honored Susumu Kitagawa, Richard Robson, and Omar Yaghi for developing metal–organic frameworks that revolutionized molecular design and offer solutions for pollution and water scarcity.
Read More....
International Abhidhamma Day celebrated the timeless wisdom and contemporary relevance of Buddhist philosophy.
Read More....
India joins regional powers to oppose foreign military presence in Afghanistan.
Read More....
Cabinet approves four major multi-tracking railway projects across four states, boosting connectivity, reducing emissions, and supporting regional development.
Read More....
CBI, in collaboration with global agencies, busted international cybercrime networks under Operation HAECHI-VI, arresting 8 and identifying 45 suspects.
Read More....
DRDO launches IRSA 1.0, boosting India’s self-reliance in military communication technology.
Read More....
PM Narendra Modi launches Mumbai One app, India’s first unified public transport ticketing platform.
Read More....
India expands e-NAM by adding 9 new commodities, enhancing market access, transparency, and income for farmers.
Read More....
Group Captain Shubhanshu Shukla, India’s first ISS astronaut, becomes the brand ambassador of Viksit Bharat Buildathon, inspiring students nationwide.
Read More....