.png "Paytm Enables UPI Payments for NRIs using International Mobile Numbers")
- The service, powered by NPCI, allows NRIs to link their NRE/NRO bank accounts and make seamless UPI transactions in India.
- It is available in 12 countries including the USA, UK, UAE, Canada, Singapore, Australia, and Saudi Arabia.
- NRIs can now pay merchants, transfer funds, and shop online in India by simply scanning UPI QR codes.
- Transactions are settled in Indian Rupees, avoiding forex conversion charges and international gateway fees.
- This move expands UPI’s global reach and strengthens India’s position as a leader in digital payments innovation.
Question:
Q.1 Which of the following is NOT among the 12 countries where Paytm enabled international mobile-based UPI for NRIs?A) USA
b) UK
c) Singapore
d) Russia
Answer: d) Russia is not mentioned. Countries include USA, UK, UAE, Canada, Singapore, Australia, Saudi Arabia, etc.
