UPI payments now accessible for Indians in Nepal

Great news for travelers! UPI payments are now available for Indians visiting Nepal. Here's a quick summary:
  • UPI in Nepal: Indians traveling to Nepal can now use UPI for QR code-based payments at stores.
  • Convenience and Efficiency: This eliminates the need to carry cash or exchange currency, making transactions easier.
  • Boost for Nepal: Wide use of UPI can benefit Nepal's economy by attracting more Indian tourists.
  • Background: NPCI (India) and Fonepay (Nepal) collaborated to enable UPI for cross-border transactions.
     

Also Read: Economy: Weekly Current Affairs Bitbank (February 12 to 18, 2024): Which company has increased its stake in SBI Cards & Payments Services Limited on February 9, 2024?

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