NPCI International Payments Ltd (NIPL) has partnered with Liquid Group Pte. Ltd. (Liquid Group) to enable UPI QR-based payments acceptance in 10 markets across North Asia and Southeast Asia. This partnership will help BHIM App users to make UPI QR-based payments in the 10 markets of Singapore, Malaysia, Thailand, Philippines, Vietnam, Cambodia, Hong Kong, Taiwan, South Korea, and Japan, from early 2022.
This strategic partnership with Liquid Group is a formidable step towards achieving our vision of taking our robust and popular payments solutions to global markets. This will enable UPI QR-based payment acceptance and scale-up in Asian markets.
About the Liquid Group:
Liquid Group is a leading cross-border digital payments provider, is headquartered in Singapore. It operates a QR payment acceptance network that enables the cross-border acceptance of payment schemes and digital payment apps.
Important takeaways for all competitive exams:
- National Payments Corporation of India MD & CEO: Dilip Asbe.
- National Payments Corporation of India Headquarters: Mumbai.
- National Payments Corporation of India Founded: 2008.