NPCI International Payments Ltd and Fonepay announce UPI integration, allowing seamless QR-code-based transactions between India and Nepal, fostering economic ties
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.
In the December bi-monthly MPC meeting, RBI Governor Shaktikanta Das announced that the UPI payment limits for hospitals and educational institutions will be raised to Rs 5 lakh from Rs 1 lakh per transaction.