- NPCI International Payments Ltd, the international arm of the National Payment Corporation of India, has signed an agreement with Al Etihad Payments in Abu Dhabi to facilitate cross-border transactions.
- The MoU (Memorandum of Understanding) was signed on development of domestic card scheme of UAE based on India’s RuPay debit and credit card stack.
- The agreement was signed in the presence of Commerce and Industry Minister Piyush Goyal.
- NPCI International is in talks to extend the UPI services in the US, European countries, and West Asia.