Tag: NPCI International Payments

RBI, European Central Bank agree to start realisation phase for UPI–TIPS link

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RBI, European Central Bank agree to start realisation phase for UPI–TIPS link

The proposed UPI–TIPS interlinkage will facilitate cross-border remittances between India and the Euro Area and is expected to benefit users of both jurisdictions, the RBI said. Photo: X/@UPI_NPCI Reserve Bank of India (RBI) and NPCI International Payments Ltd (NIPL) on one hand and European Central Bank on the other, to connect Unified Payments Interface (UPI)…

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NPCI arm, BENEFIT sign pact for faster remittances between India, Bahrain

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NPCI arm, BENEFIT sign pact for faster remittances between India, Bahrain

NPCI International Payments Ltd (NIPL), the international arm of the National Payments Corporation of India (NPCI), has entered into a tie up with BENEFIT, Bahrain’s fintech and electronic financial transactions company, to enable real-time cross-border remittances between India and Bahrain.  This linkage will connect India’s Unified Payments Interface (UPI) with Bahrain’s Electronic Fund Transfer System…

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