India Signs DoP–NIPL Pact to Enable Global Inward Remittances via UPI–UPU Integration.
National
In a significant move to strengthen India’s global remittance infrastructure, the Department of Posts (DoP), under the Ministry of Communications, signed a Non-Disclosure Agreement (NDA) with NPCI International Payments Limited (NIPL) on July 24, 2025.
- This agreement aims to leverage the Unified Payments Interface (UPI) and the Universal Postal Union’s (UPU) interconnection platform to establish a seamless, secure, and affordable channel for inward remittances to India.
- The NDA was formally exchanged between L.K. Dash, Deputy Director General (International Relations and Global Business), Department of Posts, and Ritesh Shukla, CEO of NIPL. This initiative marks a milestone in India’s ambition to expand the global reach of UPI and offer cost-effective remittance services to the Indian diaspora worldwide.
- The collaboration integrates India’s UPI framework with UPU’s Interconnection Platform (IP), enabling a two-way interoperable network between India’s digital payment systems and global postal financial networks. This will allow Indians residing abroad to send money directly to beneficiaries in India using secure and real-time digital methods through trusted channels.
Main Point :- (i) The Government of India (GoI) has already expanded UPI’s presence in several countries, including the United Arab Emirates (UAE), France, Bhutan, Nepal, Mauritius, Sri Lanka, and Singapore. The inclusion of UPU’s vast 192-member country network is expected to exponentially grow India’s digital payments footprint, further enabling cross-border financial inclusion.
(ii) The partnership promises affordable remittances by eliminating traditional intermediaries and banking charges through direct integration of the UPI-UPU-IP ecosystem. It reduces remittance transaction costs and enhances access for Indian workers, especially in regions with limited banking infrastructure.
(iii) The system also ensures secure and fraud-resistant transactions using two-factor UPI authentication combined with postal verification networks. Moreover, its dynamic architecture facilitates wider reach, making it possible for Indian citizens in remote or rural regions to receive real-time money transfers—thus transforming the landscape of inward remittances to India.
About Universal Postal Union (UPU)
Director General (DG) : Masahiko Metoki
Headquarters : Berne, Switzerland
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