India, Nepal open UPI-NPI digital corridor for instant remittances
India and Nepal have launched a cross-border peer-to-peer (P2P) remittance link by joining India’s Unified Payments Interface (UPI) with Nepal’s National Payments Interface (NPI), marking a significant step in strengthening digital financial connectivity and economic integration between the two countries.
The system became operational on June 6 and was announced on Thursday by India’s finance ministry.
