Thursday, October 27, 2022

'Potentially transformational': Commonwealth Secy Gen welcomes India's UPI sharing offer

"We do think that India is a very bright spot. But the brightest spot is the willingness that India has to share that technology. The Indian bank has indicated in our government bank governance meeting, that they are willing to share the technology for this UPI with other member states. You know that (this) costs a lot of money to develop. This openness and generosity is very welcome," the secretary general of the 56-nation group said.

from Banking/Finance-Industry-Economic Times https://ift.tt/xOfoGm0

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