UPI One world: Technology challenges – Industry News ...Middle East

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UPI One world: Technology challenges – Industry News
– By Manish Kumar Shukla The Unified Payments Interface (UPI) has emerged as a game-changer in the world of digital payments, revolutionising the way people transact in India. With over 11 billion transactions valued at Rs 17 trillion in October 2023, the UPI platform has witnessed exponential growth and adoption. The UPI One World Initiative is a significant step towards making UPI a global phenomenon. However, as the initiative expands its horizons, it faces several technology challenges that need to be overcome to ensure its success. The UPI One World Initiative aims to extend the reach of UPI to other countries, enabling seamless payments by foreign nationals visiting India, promoting

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