UPI

President Muizzu Launches UPI to Boost Maldivian Economy

Maldives President Mohamed Muizzu has initiated steps to introduce India’s Unified Payments Interface (UPI) in the country, aiming to boost the Maldivian economy. Developed by the National Payments Corporation of India (NPCI), UPI enables instant, real-time inter-bank transactions via mobile phones. According to a government press release, the president’s decision to adopt UPI follows recommendations […]

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