Consider the following countries:
- United Arab Emirates
- France
- Germany
- Singapore
- Bangladesh
How many countries amongst the above are there other than India where international merchant payments are accepted under UPI?
- Only two
- Only three
- Only four
- All the five
Explanation
Option (b) is correct
- Unified Payments Interface: It is an indigenous digital payment system developed by the National Payments Corporation of India (NPCI), which provides for the facility of a quick and easy payment from multiple bank accounts in a single mobile application. UPI is now live in over eight countries, including the UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, Mauritius and Qatar.
- Indian RuPay (domestic) cards acceptance is presently live in Nepal, Bhutan, Mauritius, Singapore, UAE and Maldives. Furthermore, the issuance of RuPay cards is live in Bhutan as well as Mauritius. The arrangements enable acceptance of Mauritius and Bhutan RuPay cards in India as well.
