NPCI International Payments Ltd, the international arm of the National Payment Corporation of India, will sign an agreement with Al Etihad Payments to facilitate cross-border transactions. The memorandum of understanding (MoU) will focus on developing a domestic card scheme in the UAE based on India's RuPay debit and credit card stack. The agreement will be signed in the presence of Commerce and Industry Minister Piyush Goyal, who is leading a business delegation to Abu Dhabi. NPCI is also in talks to extend its UPI services to the US, European countries, and West Asia.
from Banking/Finance-Industry-Economic Times https://ift.tt/thDXRw6
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