UPI developer NPCI plans to take digital payments to Myanmar: Report
UPI developer NPCI's subsidiary NPCI International Payments Limited (NIPL) has submitted a bid to the Central Bank of Myanmar to build Myanmar's proposed Real-Time Retail Payments System and a QR-code Generation and Repository System, the Economic Times reported. The bid, jointly submitted by NIPL and US-based fintech Euronet, could reportedly face competition from Visa and Mastercard.