Fri. Nov 22nd, 2024
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India’s Unified Payments Interface (UPI) facility has now been launched in Nepal as well. ‘UPI’ service was introduced at an event in Kathmandu on behalf of ‘Phone-Pay’.

'UPI' facility introduced by 'Phone-Pay' in Nepal

Kathmandu: India’s Unified Payments Interface (UPI) facility has now been launched in Nepal as well. ‘UPI’ service was introduced at an event in Kathmandu on behalf of ‘Phone-Pay’.

On this occasion, senior representatives of the banking sector, officials of ‘Phone-Pay’, traders, representatives of professional associations were present. ‘

Ritesh Pai, Chief Executive Officer, International Payments, Phone-Pay said, “UPI facility is being launched in Nepal in partnership with NPCI International. This will promote smooth digital transactions in Nepal.

This will benefit traders and businesses. Economic growth, financial inclusion will also be boosted.”


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