fintech / news / / Zee News
India Post has teamed up with NPCI International Payments Ltd. (NIPL) and the Universal Postal Union (UPU) to launch a new digital initiative.
India Post has integrated UPI with UPU's Interconnection Platform for digital international remittances.
KEY POINTS
- Remittances from abroad can be collected at select post offices or credited directly to IPPB accounts.
- The initiative connects India to over 190 countries through the UPU's global network for payments.
- India Post positions itself as a direct digital competitor to MoneyGram and Western Union with this launch.
COMPANIES
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