TerraPay has signed an MOU with NPCI International Payments Limited (NIPL) that will allow Indian customers with an active UPI ID to receive real-time, international payments into their bank accounts via TerraPay's secure payments technology.
The GDP growth forecast of India in fiscal FY2022 is estimated to grow at 6.5 per cent as per the United Nations World Economic Situation and Prospects (WESP) 2022 report.