Скачать или смотреть UPI set to interlink with European instant payment system TIPS, says RBI.

The Reserve Bank of India (RBI) and NPCI International Payments Ltd (NIPL) have been in active discussions with the European Central Bank (ECB) to integrate India's UPI platform with Europe's TARGET Instant Payment Settlement System (TIPS). TIPS, operated by the Eurosystem, enables instant payments across participating European countries. The proposed linkage would allow Indian users to make seamless real-time payments in Europe through UPI, marking a major milestone in India's global digital payments expansion. The initiative is expected to enhance cross-border merchant payments, tourism spending, and financial connectivity between India and Europe.
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