India to create a cross-border retail payment platform with four ASEAN countries

New Delhi [India], July 1 (ANI): India has joined Project Nexus, a multilateral international initiative that aims to enable instant cross-border retail payments through interlinking payment systems of various countries.

Nexus was conceptualised by the Innovation Hub of the Bank for International Settlements (BIS) to connect the payment systems of four ASEAN countries (Malaysia, Philippines, Singapore, and Thailand) and I