{"id":860853,"date":"2024-09-27T18:27:26","date_gmt":"2024-09-27T12:57:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=860853"},"modified":"2024-09-28T07:17:35","modified_gmt":"2024-09-28T01:47:35","slug":"india-to-develop-upi-like-payments-system-in-trinidad-and-tobago","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/27\/india-to-develop-upi-like-payments-system-in-trinidad-and-tobago\/","title":{"rendered":"India to develop UPI-like payments system in Trinidad and Tobago"},"content":{"rendered":"<p>The overseas arm of India&#8217;s National Payments Corporation of India (NPCI) will build a digital payments system for Trinidad and Tobago, modelled after India&#8217;s United Payments Interface (UPI), according to a statement on Friday. <\/p>\n<p>The NPCI International Payments Limited (NIPL) said its deal with the Ministry of Digital Transformation of Trinidad and Tobago is to build a payments platform for both person-to-person and person-to-merchant transactions. <\/p>\n<p>The NPCI, a quasi-regulator under the central bank, is a public non-profit organisation that oversees India&#8217;s retail payment systems, including UPI, the country&#8217;s most popular mode of digital payments. <\/p>\n<p>Earlier in the year, NIPL had agreed to develop digital payments systems for Peru and Namibia, using UPI as a blueprint. <\/p>\n<p>The NPIL, carved out of the NPCI to promote the adoption of India&#8217;s payment systems overseas, is also in talks with African and South American countries to help them build payments systems, Reuters reported earlier this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The overseas arm of India&#8217;s National Payments Corporation of India (NPCI) will build a digital payments system for Trinidad and Tobago, modelled after India&#8217;s United Payments Interface (UPI), according to a statement on Friday. The NPCI International Payments Limited (NIPL) said its deal with the Ministry of Digital Transformation of Trinidad and Tobago is to build a payments platform for both person-to-person and person-to-merchant transactions. The NPCI, a quasi-regulator under the central bank, is a public non-profit organisation that oversees India&#8217;s retail payment systems, including UPI, the country&#8217;s most popular mode of digital payments. Earlier in the year, NIPL had [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-860853","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/860853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=860853"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/860853\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=860853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=860853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=860853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}