RBI aims to boost RuPay, UPI access globally: Shaktikanta Das
Thursday, 29 August 2024
RBI governor Shaktikanta Das revealed plans to globalize Indian fintech solutions like UPI and RuPay by deploying UPI infrastructure abroad, supporjavascript://ting QR code payments, and linking UPI with other nations' payment systems. This initiative aims to improve cross-border remittances and digital public infrastructure. Das emphasized self-regulatory organizations to balance innovation and regulation and encouraged fintech to adopt new technologies.
RBI governor Shaktikanta Das revealed plans to globalize Indian fintech solutions like UPI and RuPay by deploying UPI infrastructure abroad, supporjavascript://ting QR code payments, and linking UPI with other nations' payment systems. This initiative aims to improve cross-border remittances and digital public infrastructure. Das emphasized self-regulatory organizations to balance innovation and regulation and encouraged fintech to adopt new technologies.
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