NPCI International Payments and Peru's Central Reserve Bank partner to introduce UPI-like real-time payment system in Peru, marking first adoption of UPI technology in South America.

NPCI International Payments Ltd (NIPL) and Peru's Central Reserve Bank (BCRP) have announced a partnership to introduce a UPI-like real-time payment system in Peru. This marks the first adoption of the Unified Payment Interface (UPI) technology in South America, allowing for efficient real-time transactions between individuals and businesses in Peru. The collaboration aims to strengthen the country's financial infrastructure and promote economic growth.

June 05, 2024
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