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The Economic Times

India, Nepal launch UPI-NPI linkage for real-time cross-border remittances

Nepal India NPCI International

India and Nepal have launched a direct payment linkage between India's Unified Payments Interface (UPI) and Nepal's National Payments Interface (NPI), enabling real-time cross-border remittances between the two countries.

The service has been introduced by NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), in partnership with Nepal Clearing House Ltd. (NCHL), Nepal's primary payments facilitator.

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