NPCI plans to meet with representatives from fintech firms like CRED, Flipkart, Fampay, Amazon etc.
NPCI has granted banks and third-party apps a grace period until December 31 to identify these inactive UPI IDs.
PM Modi highlighted the benefits of this initiative, stating that Indian tourists will now have the convenience of making payments in rupees.
WhatsApp has been approved to roll out UPI-powered payments in India.
WhatsApp In-Chat Payment works on the Unified Payments Interface (UPI) method.