New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Which payment company has signed an agreement with NPCI

    to expand the scope of Unified Payments Interface ( UPI) payments outside India without requiring to rely on foreign currency, credit or forex cards?
    A Google Pay Correct Answer Incorrect Answer
    B PhonePe Correct Answer Incorrect Answer
    C Paytm Correct Answer Incorrect Answer
    D Mobikwik Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Google Pay and NPCI International Payments has signed an agreement to expand the scope of Unified Payments Interface ( UPI) payments outside India.

    It will enable Indian travellers to transact digitally abroad while establishing systems similar to UPI in other countries. The move will enable foreign merchants to access Indian customers. Such customers will be able to make payments using UPI-powered apps from India without requiring to rely on foreign currency, credit or forex cards.

    Practice Next

    Relevant for Exams: