RBI UPI Payment Guidelines: If the travelers of G20 countries want to transfer money using UPI, then now those travelers will be able to pay easily through UPI.
Because the Reserve Bank of India (RBI) on Tuesday said travelers arriving from G20 countries can get UPI-linked prepaid payment instrument wallets at Bengaluru, Mumbai and New Delhi international airports and through it at over five crore shops in India. You can use UPI for payment. Explain that the transactions through UPI have increased by 1.3 percent on a monthly basis in January to Rs 13 lakh crore.
Earlier this month, the RBI had decided to allow foreign nationals and NRIs visiting India to use UPI (Unified Payment Interface) upon arrival in India. The central bank had said that it would be started with passengers from G-20 countries arriving at select airports (Bengaluru, Mumbai and New Delhi). Prepaid Payment Instruments (PPI) wallets linked to UPI will be issued to eligible passengers for making payments at outlets.
RBI says that representatives of G-20 countries can also avail this facility at various meeting places. Initially ICICI Bank, IDFC First Bank and two non-bank PPI issuers, Pine Labs Pvt Ltd and Transcorp International Ltd will issue UPI linked wallets.
You can pay by scanning the QR code
Along with this, RBI said that travelers coming to India can now pay through UPI at more than five crore shops across the country, which accept QR code-based UPI payments. G-20 is an intergovernmental forum of major developed and developing economies of the world. This includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States and the European Union.
