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Maldives Welcomes UPI: A New Era of Digital Payments Begins

  • The Maldives has embraced India's Unified Payments Interface (UPI) to digitize its economy
  • The move aims to boost financial inclusion and streamline payment processes in the country
  • The integration of UPI is expected to benefit tourism by providing convenient payment options for Indian tourists
  • It also promotes cross-border transactions and financial inclusion among Maldivian residents

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