UPI expands in Uzbekistan as NPCI International partners with HUMO for QR payments
New Delhi, Aug. 31 -- Indian tourists, business travellers and students visiting Uzbekistan will soon be able to make merchant payments using their UPI-enabled applications by scanning the country's national interoperable QR code, UZQR, under a new partnership between NPCI International Payments Ltd (NIPL) and Uzbekistan's National Interbank Processing Centre JSC (NIPC).
NIPL, the international arm of the National Payments Corporation of India (NPCI), entered into a commercial agreement with NIPC, operator of Uzbekistan's national payment system HUMO, on August 30, according to the Ministry of Finance.
The partnership will allow UPI users to make instant person-to-merchant (P2M) payments across Uzbekistan by scanning UZQR, providing a m...
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