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The National Payments Corporation of India (NPCI) has developed the UPI platform in India, which has already achieved international adoption in countries such as **Bhutan, France, Mauritius, Nepal, Singapore, Sri Lanka, and the United Arab Emirates (UAE).** The platform is set to expand into additional countries.
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UPI Transactions Jump 5% MoM In May To 1,404 Cr Monthly Growth: UPI transactions rose 5% month-on-month in May to 14.04 billion, with transaction volume increasing 4.1% to INR 20.45 lakh crore. Yearly Growth: Year-on-year, transaction count surged
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Paytm Cloud Technologies Ltd (PCTL), a subsidiary of fintech major Paytm, has established a wholly owned subsidiary in the United Arab Emirates (UAE). In a regulatory filing, Paytm announced that PCTL’s board has approved an investment of AED 8 mill
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