UPI–UPU integration project launched in Dubai to transform global remittances

Описание: Union Minister Jyotiraditya M Scindia launched the UPI–UPU Integration project in Dubai at the 28th Universal Postal Congress, calling it a landmark initiative to transform cross-border remittances. Developed by the Department of Posts, NPCI International Payments Limited, and the Universal Postal Union, the project combines India’s UPI platform with the global postal network, promising faster, safer, and cheaper money transfers for millions worldwide. Scindia described it as “a social compact,” highlighting India’s vision to modernise the postal sector through AI, DigiPIN, and data-driven logistics. India also pledged USD 10 million to support innovation and announced its candidature for UPU’s governing bodies.

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