Correct option is B
Correct Answer: (b) Google India Digital Services (P) Limited
Explanation:
In January 2024, Google India Digital Services (P) Limited entered into a Memorandum of Understanding (MoU) with NPCI International Payments Ltd (NIPL),
In January 2024, Google India Digital Services (P) Limited entered into a Memorandum of Understanding (MoU) with NPCI International Payments Ltd (NIPL),
the international arm of the National Payments Corporation of India (NPCI), to expand the global footprint of the Unified Payments Interface (UPI).
Information Booster :
• UPI was developed by NPCI and launched in 2016.
• This move is aligned with the government's Digital India and Make in India initiatives.
• The MoU aims to enable UPI payments by Indian travelers in foreign countries.
• UPI facilitates instant real-time inter-bank transactions via mobile.
• UPI is regulated by RBI and operated by NPCI under the Payment and Settlement Systems Act, 2007.
• UPI was developed by NPCI and launched in 2016.
• This move is aligned with the government's Digital India and Make in India initiatives.
• The MoU aims to enable UPI payments by Indian travelers in foreign countries.
• UPI facilitates instant real-time inter-bank transactions via mobile.
• UPI is regulated by RBI and operated by NPCI under the Payment and Settlement Systems Act, 2007.
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