NPCI International joined hands with the Reserve Bank of Peru to enable UPI payments.
NPCI International Payments Ltd (NIPL) and the Central Reserve Bank of Peru (BCRP) announced a partnership to adopt a UPI-like real-time payments system.
This partnership will make Peru the first country in South America to adopt the globally renowned Unified Payment Interface (UPI) technology.
This strategic partnership will empower BCRP to set up an efficient real-time payment platform in Peru.
It will facilitate instant payments between individuals and businesses.
This partnership aims to strengthen Peru’s financial infrastructure and support economic growth.
NIPL is a wholly owned subsidiary of the National Payments Corporation of India.