PM Modi urges India to set its own payment standards for cross-border transactions
- PM Modi addressed Global Fintech Fest 2026 on September 8, urging India to develop cross-border payment protocols.
- UPI’s global expansion aims to make international payments faster, cheaper and more convenient for Indians abroad, while reducing remittance costs.
- He called for direct UPI integration with countries having large Indian diaspora and significant trade ties.
- Modi urged India to establish its own standards for cross-border payments, following Singapore’s successful model.
Source: timesofindia.indiatimes.com
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android
