Wednesday, 19 July, 2023

India Explores Currency and UPI Deal with Indonesia

India is actively considering a potential agreement with Indonesia to facilitate currency and Unified Payments Interface (UPI) transactions between the two countries. This bilateral deal aims to enhance financial cooperation and enable seamless cross-border payments. By leveraging UPI, a popular digital payments system in India, the collaboration seeks to foster economic ties and simplify transactions between Indian and Indonesian businesses and individuals.