Sarvatra: Enables g20 travellers to use upi

Sarvatra: Enables g20 travellers to use upi

  • Sarvatra Technologies Pvt Ltd is India’s premier banking technology solutions provider on the “Cloud Computing Platform”
  • Announced its collaboration with ICICI Bank, IDFC Bank, and Pine Labs Private Limited
  • To facilitate all in-bound travellers visiting India to make local payments using UPI while they are in India
  • ICICI Bank, IDFC Bank, and Pine Labs Private Limited are being powered to issue UPI linked wallets to eligible travellers
  • The collaboration will enable foreign visitors from G20 countries to make payments at over five crore merchant outlets
  • Upon completion of full KYC, UPI linked wallets will be issued to the travellers coming to India
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

NatWest to Shut 32 Branches, Tightening Its Retail Network

The bank aims to streamline operations amid changing customer habits.Highlights: NatWest to close 32 branches in a strategic...

Novum Secures UK Pension Fund Backing, Strengthening Fintech Growth

Funding supports expansion of innovative financial services in the UK.Highlights: Novum has received investment from a UK pension...

Apax Spins Out Finastra Treasury and Capital Markets Business, Strengthening Focus

Finastra's TCM unit now operates under the new brand Teciem.Highlights: Finastra's Treasury and Capital Markets unit has been...

TSB Warns of Spike in Romance Scams Amid Rising Online Fraud

Recent increase in romance scams targets vulnerable individuals.Highlights: TSB reports a dramatic increase in romance scams.Victims often lose...