A Game-Changer for Cross-Border Transactions: 5 Ways to Pay Nepalese Merchants Using UPI
UPI in Nepal: Strengthening People-to-People Ties between India and Nepal
In today's interconnected world, digital payment solutions (Cross-Border Transactions) have become an integral part of our lives. The convenience, speed, and security offered by these platforms have transformed the way we conduct financial transactions. The recent announcement by the National Payments Corporation of India (NPCI) regarding the launch of Unified Payment Interface (UPI) in Nepal is a significant milestone in this regard. This collaboration between NPCI International Payments (NIPL) and Fonepay Payment Service has paved the way for Indian users to make seamless payments to Nepalese merchants using UPI.
Introduction to UPI in Nepal:
The introduction of UPI in Nepal opens up a world of possibilities fo...