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Favara-UPI cross-border payment corridor goes live between Maldives, India

The Hindu · Published 57m ago
Favara-UPI cross-border payment corridor goes live between Maldives, India

Following the launch of the service on Thursday (July 30), individuals from the Maldives can now transfer funds in real time to UPI-enabled bank accounts in India through their mobile banking applications

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Market-moving news like this can affect investment values and business planning. Directly involves India.

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Why It Matters

Market-moving news like this can affect investment values and business planning. Directly involves India.

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