The initiative would help Indian tourists use UPI with overseas merchants who are registered on Alipay+ application
Ant International, a former subset of China’s Ant Group, spun off in 2024 as an independent, Singapore-headquartered fintech company
It claims to connect global merchants with users across the globe, serving 1.8 Bn users and over 150 Mn merchants on its platforms
To further expand UPI internationally, the union government and the Reserve Bank of India…

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