NPCI to develop UPI-like payments system for Trinidad and Tobago
The overseas arm of the National Payments Corporation of India (NPCI) has signed a deal with Trinidad and Tobago's Digital Transformation Ministry to develop a UPI-like real-time payments platform for the island nation. This makes Trinidad and Tobago the first Caribbean nation to adopt UPI. NPCI International Payments Limited (NIPL) signed a similar deal with Peru earlier this year.