TECH NEWS : India and Ghana collaborate to enhance money transfers by integrating UPI and GHIPSS. They explore digital solutions, aim for UPI operation on GHIPSS
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.
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.
The partnership aims to broaden the use of UPI payments for travelers outside of India and to assist in establishing UPI-like digital payment systems in other countries.