UPI to be Introduced in Cyprus for Cross-Border Payments:

The National Payments Corporation of India (NPCI) signed an MoU with Eurobank of Cyprus to roll out Unified Payments Interface (UPI) services in Cyprus. This move will streamline cross-border digital payments, benefiting Indian tourists and businesses. Separately, the NSE International Exchange signed an MoU with the Cyprus Stock Exchange to encourage financial cooperation with Gift City and European markets.