Thursday, December 19, 2024

P2P payments being evaluated for UPI One World: sources

The UPI One World service, currently used by foreign travellers in India for merchant transactions, may soon expand to include interpersonal payments. This change would allow travellers to pay small vendors and individuals using UPI. However, challenges remain, including the need for physical KYC and limited awareness of the service.

from Tech-Economic Times https://ift.tt/ovkJYhs

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

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