India’s National Payments Corporation of India (NPCI) announced in a press release on 17th January that it has entered into a partnership with Google Pay to expand the Unified Payments Interface (UPI) globally.
Currently, UPI is widely regarded as one of the most popular methods of digital payment in India, contributing significantly to the growth of digital payments. It is a real-time payment system which has been developed by NPCI that allows users to link multiple bank accounts to a single mobile application.