Wednesday, January 22

Tag: Nepal

Exploring Neighboring Getaways: 6 Best Nearby Escapes from India
Blog, Travel

Exploring Neighboring Getaways: 6 Best Nearby Escapes from India

Are you ready to embark on a whirlwind adventure without spending hours on a plane? Look no further! In this article, we’ll explore six captivating Getaway destinations that are just a short flight away from India. Whether you’re seeking serene mountain landscapes, pristine beaches, or vibrant city life, these places have something for every traveler. Buckle up, and let’s take off to explore the wonders that await within a five-hour flight radius! Here are six fantastic getaway destinations near India that you can explore with flights taking less than five hours, along with estimated budgets per person based on the number of days traveled: Nepal: Flight Time from India: Approximately 1 hour and 12 minutes. Why Visit?: Nepal offers a mix of adventure sports, stunnin...
A Game-Changer for Cross-Border Transactions: 5 Ways to Pay Nepalese Merchants Using UPI
Blog, Fintech, Payments

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...
RBI and Nepal Rastra Bank Collaborate for UPI-NPI Linkage to Boost Cross-Border Digital Payments
Blog

RBI and Nepal Rastra Bank Collaborate for UPI-NPI Linkage to Boost Cross-Border Digital Payments

RBI and Nepal Rastra Bank Sign Pact for UPI-NPI Linkage   The Reserve Bank of India (RBI) and the Nepal Rastra Bank (NRB) have signed terms of reference to integrate their fast payment systems, India's Unified Payments Interface (UPI) and Nepal's National Payments Interface (NPI). This collaboration aims to streamline cross-border remittances between the two countries, enabling users of both systems to conduct instant, cost-effective fund transfers. After the signing of the terms of reference, the necessary systems will be implemented to interlink UPI and NPI. The formal launch of the UPI-NPI linkage will take place at a later date, as announced by the RBI. This integration between the RBI and NRB will deepen financial connectivity and reinforce the historical, cultural, an...