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

R. Praggnanandhaa wins UzChess Cup Masters 2025 and becomes top-ranked Indian chess player.
Read More....
Meesho gets shareholder approval to raise ₹4,250 crore via IPO after shifting domicile to India.
Read More....
IPS officer Parag Jain appointed new RAW chief; played key role in Operation Sindoor.
Read More....
ICC updates powerplay rules for shortened T20 matches effective from July 2025.
Read More....
Power Ministry forms task force to develop 'India Energy Stack' for digital power infrastructure.
Read More....
MNRE issues revised guidelines for Biomass Programme to promote clean energy adoption.
Read More....
CBSE to hold Class 10 board exams twice a year from 2026 session; first phase mandatory, second optional.
Read More....
NATO agrees to increase defence spending target to 5% of GDP by 2035 at The Hague summit.
Read More....
India and South Africa sign agreements on submarine cooperation during defence talks.
Read More....
Odisha wins women’s title in first Hockey India Masters Cup; Tamil Nadu enters men’s final.
Read More....