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India and Bahrain launch instant cross-border payments via UPI and Fawri+ for diaspora.
NPCI International Payments Limited has partnered with Bahrain’s BENEFIT to launch a real-time cross-border remittance system linking India’s UPI with Bahrain’s Fawri+ service, enabling instant, low-cost transfers.
Backed by the Reserve Bank of India and Central Bank of Bahrain, the initiative aims to improve financial connectivity and inclusion for the large Indian diaspora in Bahrain, who make up nearly 30% of the population.
The system is designed to offer secure, transparent, and efficient digital payments for individuals and businesses.
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India y Bahréin lanzan pagos instantáneos transfronterizos a través de UPI y Fawri+ para la diáspora.