New Delhi, Aug. 6 -- International travellers visiting India now have a new digital payment option at their fingertips. Smart Payment Solutions, an RBI-regulated entity, has launched Mony, a UPI-based mobile app that enables tourists and non-resident Indians (NRIs) to make payments across the country without requiring an Indian bank account.
Built on India's Unified Payments Interface (UPI) and part of the UPI One World initiative, the Mony app will let foreign nationals pay for goods and services by scanning QR codes at local shops, restaurants, and retail stores. The service is designed to reduce the challenges faced by international visitors who often find it difficult to access India's fast-growing digital economy.
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