Union Bank of India has launched UnionNXT and Digital Transformation Project SAMBHAV with an investment outlay of around Rs 1,000 crore for the current financial year 2022-23.
NPCI International Payments Ltd (NIPL), the international arm of NPCI, has entered the UAE market by partnering with NeoPay, the payment subsidiary of Mashreq Bank. BHIM UPI service has been made live on NeoPay terminals.