India and Ghana agree to link payment systems UPI and GHIPSS for instant, low-cost fund transfers.
India and Ghana have agreed to link their payment systems, UPI (Unified Payments Interface) and Ghana's GHIPSS (Ghana Interbank Payment and Settlement Systems), for instant, low-cost fund transfers. The countries are also discussing a Memorandum of Understanding on Digital transformation Solutions, Local Currency Settlement System, and the African Continental Free Trade Agreement. They aim to operationalize NPCI's UPI on Ghana's GHIPSS within six months.
May 05, 2024
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