NPCI International, NCHL Launch India-Nepal Cross-Border Payments Network
New Delhi, June 9 -- NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has partnered with Nepal Clearing House Ltd (NCHL) to launch a cross-border payment linkage between India's Unified Payments Interface (UPI) and Nepal's National Payments Interface (NPI). India-Nepal Cross-Border Payment Linkage Goes Live The new linkage enables real-time, low-cost and secure person-to-person (P2P) remittances between India and Nepal. The service is currently available through select banks and is expected to be expanded to more financial institutions in the coming months. Under the arrangement, Indian and Nepalese users in India can send money to Nepal using the recipient's mobile nu...
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