India, Ghana Agree To Operationalise UPI Link Within 6 Months
NDTV
The linking of Indian and Ghanaian instant payment systems will be the latest in India's expansion of UPI operations, which are already available in countries such as France, UAE, Sri Lanka and Mauritius.
India and Ghana have agreed to operationalise Unified Payment Interface (UPI) with Ghana Interbank Payment and Settlement Systems within six months in order to enable instant fund transfers for users in both countries, the Commerce Ministry said on Monday,
The discussions were part of a Joint Trade Committee (JTC) meeting between Indian and Ghanaian officials in Accra from May 2-3.
Both countries also discussed the possibilities of a Memorandum of Understanding (MoU) on Local Currency Settlement System (LCCS) in trade, digital transformation solutions, and on the opportunities offered by the African Continental Free Trade Agreement, the Commerce Ministry said.
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