Ritam Digital English
  • Home
  • Nation
  • World
  • Videos
    • Special Updates
    • Entertainment
    • Legal
    • Business
    • History
    • Viral Videos
  • Politics
  • Business
  • Lifestyle
    • Entertainment
    • Health
    • Food
    • Fashion
    • Viral
  • Sports
  • Opinion
No Result
View All Result
Ritam Digital English
  • Home
  • Nation
  • World
  • Videos
    • Special Updates
    • Entertainment
    • Legal
    • Business
    • History
    • Viral Videos
  • Politics
  • Business
  • Lifestyle
    • Entertainment
    • Health
    • Food
    • Fashion
    • Viral
  • Sports
  • Opinion
No Result
View All Result
Ritam Digital English
No Result
View All Result
  • Home
  • Nation
  • World
  • Videos
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Sci & Tech
  • Sports
  • Opinion
Home World

Unlocking Cross-Border Convenience: UPI Now Accepted in Nepal – Discover How it Works and More

UPI Crosses Borders: Now Operational in Nepal

Editor Ritam English by Editor Ritam English
Mar 12, 2024, 10:41 am IST
Unlocking Cross-Border Convenience: UPI Now Accepted in Nepal – Discover How it Works and More

Unlocking Cross-Border Convenience: UPI Now Accepted in Nepal – Discover How it Works and More

FacebookTwitterWhatsAppTelegram

In a significant development, the National Payments Corporation of India (NPCI) has announced the operationalization of the Unified Payment Interface (UPI) in Nepal. This move aims to facilitate UPI users in making seamless payments by scanning QR codes during their travels to Nepal.

Collaboration for Cross-Border Transactions

NPCI International Payments Ltd (NIPL), the international arm of NPCI, has joined forces with Fonepay Payment Service Ltd, Nepal’s largest payment network. Together, they have launched UPI for cross-border transactions between India and Nepal, enabling swift and secure digital payments.

Instant and Secure Payments in Nepal

During the initial phase, Bharatiyas can utilize UPI-enabled apps to make instant and secure payments at various businesses in Nepal. All merchants under the Fonepay Network are equipped to accept UPI payments, fostering convenience for users and promoting cashless transactions.

Strategic Collaboration for Progress

Ritesh Shukla, CEO of NIPL, emphasized the initiative’s significance, stating that it reflects their commitment to innovating the digital payments space. He sees this collaboration as a catalyst for enhancing trade and strengthening the economic bond between the two nations, envisioning it as a driver for greater financial inclusion and economic prosperity in the region.

Positive Outlook on Economic Ties

Fonepay CEO Diwas Kumar expressed confidence in the cross-border payment solution’s potential to improve economic ties, commerce, and tourism between Bharat and Nepal. He envisions the initiative as a key driver for economic prosperity and progress, highlighting the positive impact it could have on both nations.

Expanding UPI Globally

This announcement follows the trend of UPI services becoming available for Indians in various foreign countries, including Singapore, Canada, Oman, Saudi Arabia, France, and the United Arab Emirates (UAE). NPCI’s collaborations with companies in these countries have expanded the reach of UPI, offering users the convenience of digital payments beyond Bharat’s borders.

Tags: NepalUPINPCIUnified Payment Interface
ShareTweetSendShare

Related News

Iran-Israel Ceasefire Breach | Iran Launches Missiles At Israel | PM Modi On Operation Sindoor
Nation

Iran-Israel Ceasefire Breach | Iran Launches Missiles At Israel | PM Modi On Operation Sindoor

PM Modi’s India’s Prime Asset: Shashi Tharoor | Pawan Kalyan | Diljit Dosanjh | Iran Israel war
Nation

PM Modi’s India’s Prime Asset: Shashi Tharoor | Pawan Kalyan | Diljit Dosanjh | Iran Israel war

PM Modi’s G7 Talks: How Global Ties Are Powering India’s Growth in Infrastructure, Defence & Innovation
World

PM Modi’s G7 Talks: How Global Ties Are Powering India’s Growth in Infrastructure, Defence & Innovation

LA Erupts Over ICE Raids: All You Need to Know About Trump’s Military Crackdown and Nationwide Protests
World

LA Erupts Over ICE Raids: All You Need to Know About Trump’s Military Crackdown and Nationwide Protests

Hindu homes set on fire by Muslim mob in Jessore (PC: OpIndia)
World

No End To Atrocities: Hindus Targeted Again In Bangladesh Under Yunus Rule

Comments

The comments posted here/below/in the given space are not on behalf of Ritam Digital Media Foundation. The person posting the comment will be in sole ownership of its responsibility. According to the central government's IT rules, obscene or offensive statement made against a person, religion, community or nation is a punishable offense, and legal action would be taken against people who indulge in such activities.

Latest News

How ‘Make in India’ Transformed Indian Manufacturing: A Decade of Massive Growth

How ‘Make in India’ Transformed Indian Manufacturing: A Decade of Massive Growth

Iran-Israel Ceasefire | PM Modi Praises Shubhanshu Shukla | Kharge Criticizes Tharoor | Cloudburst

Iran-Israel Ceasefire | PM Modi Praises Shubhanshu Shukla | Kharge Criticizes Tharoor | Cloudburst

Axiom-4 Mission Launch | Shubhanshu Shukla | 50 Years of Emergency | Iran-Israel Ceasefire News

Axiom-4 Mission Launch | Shubhanshu Shukla | 50 Years of Emergency | Iran-Israel Ceasefire News

Iran-Israel Ceasefire Breach | Iran Launches Missiles At Israel | PM Modi On Operation Sindoor

Iran-Israel Ceasefire Breach | Iran Launches Missiles At Israel | PM Modi On Operation Sindoor

PM Modi’s India’s Prime Asset: Shashi Tharoor | Pawan Kalyan | Diljit Dosanjh | Iran Israel war

PM Modi’s India’s Prime Asset: Shashi Tharoor | Pawan Kalyan | Diljit Dosanjh | Iran Israel war

Shocking Truths You Need to Know About How Congress Crushed Media Freedom During the Emergency

Shocking Truths You Need to Know About How Congress Crushed Media Freedom During the Emergency

International Yoga Day 2025 | Highlights from India, UK, France & Japan, Yoga Beyond Boundaries

International Yoga Day 2025 | Highlights from India, UK, France & Japan, Yoga Beyond Boundaries

PM Modi Slams Opposition in Bihar | Tharoor Vs Congress | Indigo Flight | CM Yogi Praises Azamgarh

PM Modi Slams Opposition in Bihar | Tharoor Vs Congress | Indigo Flight | CM Yogi Praises Azamgarh

Pakistan Admits Op Sindoor Destruction | PM Modi Bihar Visit | Netanyahu’s Warning | CM Yogi | Bengal

Pakistan Admits Op Sindoor Destruction | PM Modi Bihar Visit | Netanyahu’s Warning | CM Yogi | Bengal

All You Need to Know About RSS and Its Ground-Level Campaign for Social Harmony and Hindu Unity in India

All You Need to Know About RSS and Its Ground-Level Campaign for Social Harmony and Hindu Unity in India

  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer

© Ritam Digital Media Foundation.
Tech-enabled by Ananthapuri Technologies

No Result
View All Result
  • Home
  • Nation
  • World
  • Videos
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Sci & Tech
  • Sports
  • Opinion
  • About & Policies
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms & Conditions
    • Disclaimer

© Ritam Digital Media Foundation.
Tech-enabled by Ananthapuri Technologies