Which Caribbean country is the first to adopt India’s UPI payment system?

English বাংলা

Answer

Trinidad and Tobago

Explanation

Trinidad and Tobago is the first Caribbean country that has decided to adopt India's UPI technology.

Key Points

  • > It will help in increasing financial inclusion and tourism
  • > UPI is a product of NPCI
  • > The IMF has called it the world's largest real-time payment system

Additional Information

  • Capital: Port of Spain
  • Currency: Trinidad and Tobago Dollar
  • Prime Minister: Keith Rowley
SubjectInformation
ContinentNorth America (Caribbean)
UPI Launch2016 (India)
RegulatorNPCI
May 13 Current Affairs Current affairs Medium