India, Bahrain Enable Real-Time Cross-Border Payments Through NPCI-BENEFIT Partnership

NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), and BENEFIT, Bahrain’s leading fintech and electronic financial transactions company, have entered into a partnership to enable real-time cross-border remittances between India and Bahrain. This new partnership connects India’s Unified Payments Interface (UPI) with Bahrain’s Electronic Fund Transfer System (EFTS), specifically through the Fawri+ service, enabling users in...