New Delhi, July 1 (IANS) The National Payments Corporation of India (NPCI) on Wednesday announced a strategic partnership with HSBC India to enable real-time foreign exchange (FX) settlement for cross-border Unified Payments Interface (UPI) transactions to make international digital payments more seamless and transparent for Indian travellers.Under the collaboration, HSBC India will provide real-time FX rates through direct API integration, allowing customers to view the exact Indian rupee (INR)…
Latest Cross-border Transactions News & Updates
Tel Aviv, Feb 26 (IANS) India and Israel on Thursday announced to deepen their digital and financial partnership by enabling cross-border use of Unified Payments Interface (UPI). In the process, UPI will connect with Israel’s domestic payments framework to make digital transactions faster and more affordable.The signing of the UPI linking agreement came on the second and final day of Prime Minister Narendra Modi’s visit to Israel.PM Modi said that “We have decided to establish the Critical a…