Sunday, December 22, 2024
Advertisement
  1. You Are At:
  2. News
  3. Business
  4. Inbound travellers from G20 countries visiting India can avail UPI facility at 3 airports: RBI

Inbound travellers from G20 countries visiting India can avail UPI facility at 3 airports: RBI

The RBI said that the eligible travellers would be issued Prepaid Payment Instruments (PPI) wallets linked to UPI for making payments at merchant outlets.

Edited By: Shashwat Bhandari @ShashBhandari New Delhi Published : Feb 21, 2023 21:27 IST, Updated : Feb 21, 2023 21:33 IST
Representational image
Image Source : PTI Representational image

The Reserve Bank of India (RBI) on Tuesday started the facility to enable all inbound travellers visiting India to make local payments using UPI during there stay in India.

To start with, it is available to travellers from G-20 countries, at select international airports including Bengaluru, Mumbai and New Delhi, RBI informed. 

Eligible travellers would be issued Prepaid Payment Instruments (PPI) wallets linked to UPI for making payments at merchant outlets.

Delegates from G20 countries can also avail this facility at various meeting venues, RBI said.

To begin with, ICICI Bank, IDFC First Bank and two non-bank PPI issuers, Pine Labs Private Limited and Transcorp International Limited will issue UPI-linked wallets, the Reserve Bank added.

"Travellers visiting India can now experience the convenience of UPI payments at over five crore merchant outlets across India, that accept QR Code-based UPI payments," the RBI said.

The G20 or Group of 20 is an intergovernmental forum of the world's major developed and developing economies.

It comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US, and the European Union (EU).

ALSO READ BBC documentary timing not 'accidental', it's 'politics by another means': EAM Jaishankar

ALSO READ | Govt to sell 20 lakh tonnes of wheat in open market to bring down prices

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Business

Advertisement
Advertisement
Advertisement
Advertisement