RBI believes that allowing users to link PPI wallets with third-party UPI apps for payments would "enhance customer convenience and boost adoption of digital...
PhonePe explained that this collaboration with UAE’s Mashreq Bank was facilitated through Mashreq’s partnership with NPCI International Payments Limited (NIPL).
The deal between the two entities looks to increase use of UPI outside India by travellers, ease the process of cross-border remittances, and establish...