UPI Crosses 15 Billion Monthly Transactions; ASEAN Rupee Settlement Pacts Ink
NPCI International signs bilateral linkage agreements enabling instant cross-border mobile retail transactions.
India's Unified Payments Interface (UPI) touched an unprecedented milestone of 15 billion transactions in a single calendar month, representing an aggregate monthly value of ₹21.8 lakh crore.
Concurrently, NPCI International concluded cross-border linkage agreements with ASEAN member nations, allowing Indian travelers and businesses to execute real-time QR-based payments directly from their domestic bank accounts without foreign exchange markups.
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