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Favara-UPI cross-border payment corridor goes live between Maldives, India

Partially corroborated56

Following the launch of the service on Thursday (July 30), individuals from the Maldives can now transfer funds in real time to UPI-enabled bank accounts in India through their mobile banking applications

First seen · latest update · India · business

Developing: this story surfaced recently from a single outlet. It appears early by design — expect the reporting-confidence score to move as more outlets report (or don’t).

  • Indian mainstream 1
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