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    IndiaUPI likely to grow further in several countries: RBI Governor

    UPI likely to grow further in several countries: RBI Governor

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    NL Corresspondent

    BHUBANESWAR: Reserve Bank of Governor Shaktikanta Das said he is optimistic that the Unified Payments Interface (UPI) will grow further in several countries.

    Das, who is on a five-day visit to the state, said UPI is already present in many countries through QR codes and the linkage of fast payment systems, and discussions are underway with several other nations.

    “We expect this to grow further at the global level and internationalise in future,” he told reporters here on Friday evening.

    Speaking at an event in Mumbai on Wednesday, Das had said that notable progress in this direction has already been made with countries like Bhutan, Nepal, Sri Lanka, Singapore, the UAE, Mauritius, Namibia, Peru, France and a few others for acceptance of RuPay cards and payments through the UPI network.

    These endeavours, he said, underscore collaborative efforts for the adoption of India's initiatives across the globe.

     

     

    Northlines
    Northlines
    The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

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