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

  • A second effusive eruption began at Piton de la Fournaise on La Réunion on February 13, with lava flowing down the Grandes Pentes slopes.

    Read More....

  • AIIMS Delhi successfully conducted India’s first tele-robotic ultrasound at Maitri station in Antarctica, 12,000 km away.

    Read More....

  • Sadhguru launched the Bhavya Bharat Bhushan Award to honour contributions in science, arts, sports, and social welfare.

    Read More....

  • PM Modi will meet French President Macron to launch the India–France Year of Innovation and strengthen AI, defence, and technology cooperation.

    Read More....

  • Magnus Carlsen defeated Fabiano Caruana 2.5–1.5 to win the 2026 FIDE Freestyle Chess World Championship.

    Read More....

  • Internet pioneer David J. Farber passed away at the age of 91 in Tokyo.

    Read More....

  • India will build its first National Cow Culture Museum in Mathura at Pandit Deendayal Upadhyaya Veterinary Science University campus.

    Read More....

  • Assam student Ayesha Karim won the Veergatha 5.0 Super 100 title for artwork honouring Major Sandeep Unnikrishnan’s bravery during the 2008 Mumbai attacks.

    Read More....

  • Johannes Klæbo won his ninth Winter Olympic medal as Norway claimed gold in the men’s 4×7.5 km relay.

    Read More....

  • Veteran Odia singer Geeta Patnaik passed away at 73 in Cuttack after suffering a brain stroke.

    Read More....