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PM Modi urges fintech sector to expand UPI globally, cut remittance costs

Prime Minister Narendra Modi on Tuesday urged the fintech ecosystem to expand the global reach of the Unified Payments Interface (UPI), connect it with local systems in other countries, and help the diaspora save on remittance costs. In his address after the inauguration of the 7th edition of the Global Fintech Fest here, Modi said the UPI platform is now live in 11 countries and has also connected with Singapore's local system. Urging the ecosystem not to rest on the laurels of the last decade…

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Business StandardCenter·1h ago
PM Modi urges fintech sector to expand UPI globally, cut remittance costs
Prime Minister Narendra Modi on Tuesday urged the fintech ecosystem to expand the global reach of the Unified Payments Interface (UPI), connect it with local systems in other countries, and help the diaspora save on remittance costs. In his address after the inauguration of the 7th edition of the Global Fintech Fest here, Modi said the UPI platform is now live in 11 countries and has also connected with Singapore's local system. Urging the ecosystem not to rest on the laurels of the last decade…
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PM Modi urges fintech sector to expand UPI globally, cut remittance costs

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