1. Foreign tourists can now pay in India using their home payment apps via UPI

Foreign tourists can now pay in India using their home payment apps via UPI

Business

  • Bank of Baroda launched 'UPI Global Reverse Acceptance', allowing tourists to pay using their home payment apps in India.
  • International visitors can scan UPI QR codes at local shops without requiring a local bank account.
  • Participating countries include the USA, UAE, Singapore, & others, facilitating easier payment options for tourists.
  • Bank of Baroda Executive Director Sanjay Mudaliar said this service enhances convenience for travelers & increases.

Source: livemint.com

Get 100 stories a day on the app Read, watch & listen · Free on iOS & Android

Newer

Older