Maldives to Introduce India’s UPI for Digital Payments
In a major move toward modernizing financial infrastructure, Maldives President Mohamed Muizzu has decided to introduce India’s Unified Payments Interface (UPI) system in the country. This decision, expected to boost financial inclusion and enhance transaction efficiency, follows a comprehensive discussion by the Maldivian Cabinet. The government will establish a consortium led by TradeNet Maldives Corporation…
