UPI wallet for foreign nationals
CheqUPI, a UPI wallet designed specifically for foreign nationals and Non-Resident Indians experience digital payments in India has been launched.
Despite the widespread adoption of Unified Payments Interface in the country, foreign nationals have faced hurdles due to the requirement of an Indian bank account and phone number. CheqUPI intends to bridge this gap and provide a seamless digital payment experience for foreign visitors, according to a press release.