Nepal to become first country to deploy India's UPI platform

Nepal to become first country to deploy India's UPI platform

Daily Current Affairs   /   Nepal to become first country to deploy India's UPI platform

Change Language English Hindi

Category : International Published on: February 19 2022

Share on facebook
  • Nepal will be the first country to adopt India's UPI system, which will play a pivotal role in transforming the digital economy of the neighbouring country.
  • NPCI International Payments Ltd (NIPL), the international arm of NPCI, has joined hands with Gateway Payments Service (GPS) and Manam Infotech to provide the services in Nepal.
  • GPS is the authorised payment system operator in Nepal and Manam Infotech will deploy Unified Payments Interface (UPI) in that country.
  • The partnership aims to support interoperable real-time Person to person (P2P) and Merchant payment transactions (P2M) in Nepal.
  • Nepal shall be the first country outside of India to adopt UPI as the payments platform driving the digitalization of cash transactions.
Recent Post's
  • PM Modi will inaugurate and lay the foundation stones for development projects worth ₹16,450 crore in Kerala and Tamil Nadu on March 11, 2026.

    Read More....
  • The 11th edition of the India-Seychelles joint military exercise 'Lamitiye 2026' is being held at the Seychelles Defence Academy from March 9 to 20.

    Read More....
  • Researchers from Berhampur University have discovered a rare amphipod species, 'Stenothoe lowryi,' for the first time in Indian waters at Ganjam, Odisha.

    Read More....
  • The Central Industrial Security Force (CISF) is celebrating its 57th Raising Day on March 10, 2026, marking its establishment in 1969.

    Read More....
  • According to the SIPRI Report 2021–25, India remains the world's second-largest arms importer, accounting for 8.2% of global imports.

    Read More....
  • Actress Rashmika Mandanna has been honored with the Best Actress award for the film 'The Girlfriend' at the Telangana Gaddar Film Awards.

    Read More....
  • Vir Chakra awardee and 1965 war hero Lance Havildar KG George passed away at the age of 95 in Kottayam, Kerala.

    Read More....
  • The Ministry of Panchayati Raj has launched the 'Say No To Proxy Sarpanch' campaign to empower women and curb the 'Sarpanch Pati' practice.

    Read More....
  • Mojtaba Khamenei has been appointed as the new Supreme Leader of Iran by the Assembly of Experts following the death of his father.

    Read More....
  • State Bank of India (SBI) has launched a $500 million syndicated social loan facility dedicated to women’s economic empowerment.

    Read More....