New Delhi, Sept. 9 -- Jyotiraditya M Scindia, Union Minister for Communications, launched the UPI-UPU Integration Project at the 28th Universal Postal Congress in Dubai on Tuesday morning.
This marks a landmark step in transforming cross-border remittances, aligning with India's vision to emerge as a leader in digital finance.
According to the Ministry of Communications, the project is a joint effort between the Department of Posts (DoP), NPCI International Payments Ltd (NIPL), and the Universal Postal Union (UPU).
The project integrates India's Unified Payments Interface (UPI) with the UPU Interconnection Platform (UPU-IP) to facilitate payments across borders with the speed and affordability of UPI.
It aims to create a seamless and ...
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