business india pushes to ease international payments through upi to rival visa mastercard

India Pushes To Ease International Payments Through Upi To Rival Visa, Mastercard

3 days   👁 11

India is urging the FATF to ease compliance rules for cross-border payments made via its UPI, aiming to enhance the global use of its system. Despite India's domestic UPI success, expansion abroad faces hurdles due to stringent regulations. Officials discussed this at an FATF meeting, pushing for a technology-neutral travel rule.