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Maldives President Introduces UPI Payment Service to Boost Economy

Maldives President Introduces UPI Payment Service to Boost Economy:

Maldives President Mohamed Muizzu has announced the introduction of India’s Unified Payments Interface (UPI) to enhance the country’s economy by improving financial inclusion and transaction efficiency. This initiative is part of a broader strategy to strengthen ties with India following Muizzu’s previous stance against Indian military presence in the Maldives.