UPI–NPI Link Goes Live: India-Nepal Cross-Border Payments Now Real-Time via Mobile, VPA
NPCI International and Nepal Clearing House have activated a UPI-NPI linkage enabling instant, low-cost P2P remittances between India and Nepal through select banks, using mobile numbers, VPAs, or UPI IDs. More banks to follow, opening a new retail-grade rail for one of South Asia's largest remittance corridors.
What happened
NPCI International (UPI) · NPCI International and Nepal Clearing House launched a UPI-NPI cross-border payment linkage enabling real-time, low-cost P2P
Why this matters
Evaluate partnerships with the initial participating banks or NPCI International to plug into the new rail and assess M&A targets in Nepal-facing remittance and wallet players.