The overseas arm of India's National Payments Corporation of India will build a digital payments system for Trinidad & Tobago, modelled after India's United Payments Interface.
In a statement today, the NPCI International Payments Limited said its deal with the Ministry of Digital Transformation of Trinidad and Tobago is to build a payments platform for both person-to-person and person-to-merchant transactions.
The NPCI, a quasi-regulator under the central bank, is a public non-profit organisation that oversees India's retail payment systems, including UPI, the country's most popular mode of digital payments.
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