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Searched Tag: nepal s national payments interface
UPI is now expanding to Nepal after its success in Mauritius. RBI signs terms with Nepal Rastra Bank for cross-border payments integration.

After Mauritius, UPI to now enable cross-border payments in Nepal as well

February 17, 2024, 11:59 AM - 2 min read

The collaboration between the banking regulators of India and Nepal signifies a milestone in financial connectivity between the two nations. Through this integration, users of both systems will be empowered to make instant, cost-effective fund transfers, enhancing the ease of remittance transactions between India and Nepal.

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