NPCI International Payments Limited (NIPL), a subsidiary of NPCI, and Eurobank, a Greek bank, signed an MoU to enhance cross-border payments using the UPI platform. The focus is on streamlining remittances from Greece to India. This collaboration positions Greece as one of the first European countries to enable seamless UPI-based remittances for the Indian diaspora.
NPCI International Payments signs MoU with Greek bank Eurobank for inward remittance from Greece to India through UPI. Indian tourists in France can buy Eiffel Tower tickets via UPI, highlighting its versatility. This initiative positions Greece as one of the first European countries for Indian diaspora remittances.
MoU signed with Greek bank to facilitate remittances to India using UPI webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.
The signing of MoU lays foundation for an alliance wherein both parties shall interface with each other as a point of contact for enabling Foreign Inward Remittance transactions from Greece to India.
Eurobank and NPCI International Payments Limited (NIPL), a subsidiary of the National Payments Corporation of India (NPCI), signed a memorandum of cooperation