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224

Q:

NPCI International Payments Limited (NIPL) has recently joined hands with which South American country to enable UPI payments?

  • 1
    Peru
  • 2
    Bulgaria
  • 3
    Russia
  • 4
    Japan
  • Show Answer
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Answer : 1. "Peru"
Explanation :

The National Payments Corporation of India (NPCI) and the Central Bank of Peru (BCRP) have partnered to build a UPI-like payment system in Peru. This makes Peru the first South American country to adopt NPCI's technology, which will enable instant payments between individuals and businesses. The initiative aims to expand digital payments among Peru's large unbanked population.

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