• Home
  • Internet
  • Internet News
  • Government Expects Up to 7 Countries to Sign Up to Adopt UPI, Aadhaar and More Technologies by March: MoS IT

Government Expects Up to 7 Countries to Sign Up to Adopt UPI, Aadhaar and More Technologies by March: MoS IT

India's technology stack includes services like Aadhaar, UPI, DigiLocker, Co-Win, GeM, and GSTN.

Government Expects Up to 7 Countries to Sign Up to Adopt UPI, Aadhaar and More Technologies by March: MoS IT

Photo Credit: Unsplash

Indian startups and system integrators are expected to gain from the exercise

Highlights
  • Five to seven countries may sign up for adopting technology stack
  • The move is expected to accelerate digitisation
  • NPCI permitted non-residents from 10 countries to do UPI transactions
Advertisement

The government expects five to seven countries to sign up for adopting India-developed technology platforms like UPI and Aadhaar by March for accelerating digitisation, according to Minister of State for Electronics and Information Technology Rajeev Chandrasekhar.

While speaking at India Stack Developer Conference, the minister said that the Prime Minister has decided to offer India technology platforms to countries to help them accelerate digitisation.

"I expect by February-March, about 5-7 countries around the world to sign up (for adopting platforms)," Chandrasekhar said. The government plans to reach out to several countries to offer them technology stack (Aadhaar, UPI, DigiLocker, Co-Win, GeM, GSTN etc) as part of its responsibility as G20 Presidency and expects Indian startups and system integrators to gain from the exercise.

Earlier this month, it was reported that the NPCI has permitted non-residents from 10 countries, including the US, Canada and UAE, to digitally transfer funds using the UPI platform from NRE/NRO accounts. The National Payments Corporation of India (NPCI) in a circular said it has been receiving requests for allowing non-residents to use international mobile numbers for transacting in Unified Payments Interface (UPI).

The NPCI, in a circular dated January 10, had asked UPI participants to put in place a mechanism by April 30 under which non-residents having NRE/NRO accounts will be allowed to transfer funds using their international mobile numbers.

To start with, this facility will be available to non-residents in 10 countries — Singapore, Australia, Canada, Hong Kong, Oman, Qatar, USA, Saudi Arabia, UAE and the UK.


The iQoo 11 is currently the most powerful Android phone you can buy in India. Should you buy it right away? We discuss this and more on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Affiliate links may be automatically generated - see our ethics statement for details.
Comments

For details of the latest launches and news from Samsung, Xiaomi, Realme, OnePlus, Oppo and other companies at the Mobile World Congress in Barcelona, visit our MWC 2024 hub.

Infinix Note 12i With Mediatek Helio G85 SoC, 50-Megapixel Camera Launched in India: Price, Specifications
Visa CEO Al Kelly Bets Big on Blockchain-Based Stablecoins, CBDCs Days Before Stepping Down
Share on Facebook Gadgets360 Twitter Share Tweet Snapchat Share Reddit Comment google-newsGoogle News
 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »