UPI Payment

During a virtual ceremony attended by Prime Minister Modi, Mauritian Prime Minister Pravind Jugnauth, and Sri Lankan President Ranil Wickremesinghe, India's RuPay card services were also introduced in Mauritius.

The National Payments Corporation of India (NPCI) has introduced pivotal adjustments, including the directive for payment apps to deactivate dormant UPI IDs that have remained inactive for over a year.

Speaking at the recent UBS conference, Mehra said that "it is an incredibly painful experience for ecosystem participants who all end up losing money as part of that proposition," reports TechCrunch.