India, Sept. 9 -- Union Minister for Communications and Development of North Eastern Region, Jyotiraditya Scindia on Monday unveiled the UPI-UPU Integration project at the 28th Universal Postal Congress in Dubai, to transform cross-border remittances for millions worldwide.
The initiative, developed by the Department of Posts (DoP), NPCI International Payments Limited (NIPL), and the Universal Postal Union (UPU), integrates India's Unified Payments Interface (UPI) with the UPU Interconnection Platform (IP), combining the reach of the postal network with the speed and affordability of UPI.
Calling it"more than a technology launch, but a social compact", Scindia said,"The reliability of the postal network combined with the speed of UPI me...
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