SDG 9: Industry, Innovation & Infrastructure | SDG 10: Reduced Inequalities
Institution: Ministry of Communications | Ministry of Finance
Indiaβs delegation to the 28th Universal Postal Congress in Dubai will spotlight the upcoming UPI-UPU Integration initiative. This move seeks to embed Indiaβs Unified Payments Interface (UPI) into the Universal Postal Union (UPU) framework potentially transforming international postal financial services by integrating seamless, interoperable digital payments with widely trusted postal infrastructure. The integration could open pathways for financial inclusion and cost-effective remittances to underserved populations globally.
Relevant question for policy stakeholders:
How can India strategically operationalise the UPI-UPU integration to strengthen cross-border payment systems, ensuring interoperability, data privacy, and affordability for underserved communities, while solidifying postal services as engines of financial inclusion?
Follow the full news here:
https://www.pib.gov.in/PressReleasePage.aspx?PRID=2164657