Key Points
Indian citizens can now conduct QR-code-based UPI transactions in Nepal as NPCI International Payments Ltd (NIPL), the international arm of National Payments Corporation of India (NPCI) and Fonepay Payment Service Ltd, Nepals largest payment network, have announced that Unified Payment Interface (UPI) is now live for cross-border transactions between India and Nepal...
In its first phase, this partnership will enable Indian consumers to make instant, secure and convenient UPI payments across various business stores in Nepal...
Merchants acquired by the participating members of Fonepay Network can seamlessly accept UPI payments from Indian customers...
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