New Delhi, May 7 -- India and Ghana have agreed to work expeditiously towards operationalising India's instant payment system Unified Payments Interface (UPI) on Ghana's Interbank Payment and Settlement Systems (GhIPSS) within six months.
The agreement was reached during the Joint Trade Committee (JTC) meeting held on May 2-3 in Accra, Ghana's capital, where a seven-member Indian delegation met with their Ghanaian counterparts.
This move comes as UPI is rapidly gaining global momentum, with the payment platform already available in countries like Sri Lanka, the United Arab Emirates, and Nepal over the past five-six years.
During the JTC meeting, both sides discussed the possibility of a Memorandum of Understanding (MoU) on digital tra...