Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡จ๐Ÿ‡พ India, Cyprus to work on financial connectivity

National Payments Corporation of India (NPCI) signed an MOU with Eurobank of Cyprus to introduce UPI services in Cyprus for cross border transactions.

#Geopolitics #UPI
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡จ๐Ÿ‡บ Cuba is interested in India's Digital Public Infrastructure and #UPI

PM Modi also thanked Cuba for it's recognition of Ayurveda and integrating Ayurveda into Cuba's Health Care System.

Cuba will also provide access to Indian Pharma for easy access to Indian Generic Medicines

#Geopolitics #Health
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List of Countries Accepting #UPI Payment

โ€ข France
โ€ข UAE
โ€ข Bhutan
โ€ข Nepal
โ€ข Mauritius
โ€ข Sri Lanka
โ€ข Singapore
โ€ข Trinidad and Tobago (New)
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Bengaluru traders call for Bandh on 25th July against GST notices linked to #UPI transactions

Across the city, they are putting display boards saying โ€˜Cash Onlyโ€™.
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PayPal partners with NPCI to launch global UPI-enabled payments platform. Now Indians will be able to do UPI Transactions via PayPal World

#UPI
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Network-to-Network Agreement between Indiaโ€™s NPCI International Payment Limited (NIPL) and Maldives Monetary Authority (MMA) on #UPI in Maldives signed.

UPI will be available in Maldives as soon as technical aspects are shorted out

#IndianSubcontinent
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ICICI Bank is set to introduce a fee for payment aggregators for #UPI transactions starting August 1, 2025.

You as a regular customer won't have to pay a fee for every UPI transactionโ€”these new charges from ICICI Bank are for payment aggregators (the companies/platforms that enable UPI payments for merchants), not individual users.
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
India to roll out UPI in Qatar says Joint statement; UPI operationalized at Qatar National Bank's "Points of Sales" #ForeignAffairs #Economy
NPCI International Payments Ltd, in partnership with Qatar National Bank, has enabled the acceptance of QR code-based Unified Payments Interface (#UPI) across Qatar #ForeignAffairs #NWO
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UPI payments using Facial Recognition and Fingerprints in India starting October 8.

#Policy #UPI
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India is in discussions with Ant International to integrate its instant payment system, UPI, with Alipay+ for seamless cross-border transactions

(Economic Times)

#UPI #Policy
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#UPI will be connected to Vietnamese counterpart, says PM Modi #ForeignAffairs
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#UPI will be operational in Cyprus by next Year : MEA

#ForeignAffairs
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡ณ๐Ÿ‡ตIndia and Nepal annouce linkage of India's #UPI with Nepalโ€™s National Payments Interface to enable faster, cheaper cross-border remittances. #Economy #IndianSubcontinent
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡ธ๐Ÿ‡จ India, Seychelles sign MoU for starting #UPI in Seychelles. #Geopolitics
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡ฌ๐Ÿ‡ท India has launched #UPI service in Greece. #ForeignAffairs
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡ณ๐Ÿ‡ฟ PM Modi says India's #UPI & New Zealand's payments system to be connected #ForeignAffairs
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#UPi linked PF claims to roll out from August, after delay due to technical glitches in EPFO's upgraded Centralised IT Enabled Services (CITES 2.01) platform #Policy
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India and Uzbekistan agreed to introduce India's Unified Payments Interface ( #UPI ) for Indians travelers. The roll is expected within a Year #ForeignAffairs
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
For 6 years, a line in Indian law said nobody could charge you for a UPI payment. On Thursday the Lok Sabha voted to delete that line. There was no discussion. It went through on a voice vote while the House was in protest over something else. The lineโ€ฆ
Government notifies change in payment and settlement act to say no charges can be imposed on #UPI transactions up to Rs 2000.

Earlier the section said banks cannot impose charge on payments by digital means.

#Policy
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