India-Cyprus fintech and payments interoperability framework
National Payments Corp of India / Reserve Bank of India announced Framework for UPI-TIPS interoperability and MoU with Cyprus / European Central Bank on May 23, 2026.
- Primary
- National Payments Corp of India / Reserve Bank of India
- Counterparty
- Cyprus / European Central Bank
- Structure
- Framework for UPI-TIPS interoperability and MoU
- Date
- May 23, 2026
- Sub-sector
- Payments
Establishment of seamless cross-border payment interoperability between India's UPI and Europe's TIPS System to facilitate tourist and business transactions.
Source: srilankasource.com