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Linkrcap Studio

A digital news platf... • 20d

To further expand UPI internationally, the union government and the Reserve Bank of India (RBI) are reportedly in discussions with global digital payment giant Ant International to link its cross-border digital payment, Alipay+, with UPI. As per a Reuters’ report, citing sources, the initiative would help Indian tourists use UPI with overseas merchants who are registered on Alipay+ application. Inc42 has reached out to Ant International. The story will be updated based on its responses. Ant International, a former subset of China’s Ant Group, spun off in 2024 as an independent, Singapore-headquartered fintech company. Ant International focusses on cross-border payment technology, digital commerce and financial services. It operates across Asia, China, Europe, USA and Australia. #RBI #UPI #Investment #Founders #Entrepreneurship #LinkrcapStudio

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