Overview
- The initiative seeks to cut fees, speed settlement and broaden access for families and migrant workers through the UPU’s network spanning 192 member countries.
- The Department of Posts, NPCI International and the Universal Postal Union will link UPI to the UPU Interconnection Platform for cross-border transfers.
- India committed USD 10 million to bolster postal digital capabilities with a focus on payments and e-commerce, including regional workshops and technical assistance.
- Letters of intent were announced for cooperation with partners in Africa, the Caribbean and Latin America to prepare regional implementations.
- India also declared its candidature for the UPU Council of Administration and the Postal Operations Council to help shape postal-payments governance.