TerraPay has signed MoU with NPCI International Payments Limited (NIPL) to allow Indian customers with an active UPI ID to receive real-time, international payments into their bank accounts via TerraPay’s secure payments technology. It will enable a seamless and convenient cross-border remittances experience. NIPL is an international arm of the National Payments Corporation of India (NPCI).
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
This association with NIPL will allow Indians with an active UPI ID to receive real-time, international payments into their bank accounts via TerraPay’s adaptive and secure payments technology. The intended collaboration will now further empower UPI users to leverage TerraPay’s agile interoperable payments infrastructure to receive payments on a fully regulated, secure, scalable, and efficient channel.
About TerraPay:
Globally, TerraPay processes payouts into 4.5 billion+ bank accounts and 1.5 billion+ mobile wallets. With the vision to foster financial inclusion, residents, POI’s, Indian diaspora will be able to send money to India by using TerraPay’s agile, transparent and real-time payment channel.
Important takeaways for all competitive exams:
Did you know that one country in the world produces more plastic than any other…
The Rajasthan State government has officially unveiled the Homestay Scheme 2026 to strengthen Rajasthan tourism…
India has removed the Most Favoured Nation (MFN) clause from its tax treaty with France.…
Did you know that one country in the world is often called the “Plastic Producing…
In a proud moment for Indian cinema Boong has created history at the BAFTA Awards…
India will observe Central Excise Day 2026 on 24 February 2026 to mark the historic…