India, Nepal launch cross-border remittance linkage for instant digital payments

Asia News Network· July 7, 2026

India and Nepal have officially launched a cross-border remittance linkage designed to facilitate instant digital payments between the two nations. This initiative aims to streamline financial transfers, reducing the time and cost associated with traditional remittance methods. For the payments and money transfer sector, this represents a significant step in regional financial integration and the expansion of real-time payment rails across borders.

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