Consider the following countries: I. United Arab Emirates II. France III. Germany IV. Singapore V. Bangladesh How many countries amongst the above are there other than India where international merchant payments are accepted under UPI?
Explanation
Unified Payments Interface (UPI) is expanding internationally, but only a few countries currently support international merchant payments under UPI.
I. United Arab Emirates – Correct * UPI is accepted at select merchants in the UAE via NPCI partnerships.
II. France – Correct * France allows UPI merchant payments at select tourist locations, like the Eiffel Tower.
III. Germany – Incorrect * No official rollout of UPI for merchant payments in Germany as of now.
IV. Singapore – Correct * UPI is live for both P2P remittances and merchant payments in Singapore.
V. Bangladesh – Incorrect * UPI is not yet operational for merchant payments in Bangladesh.
International merchant payments are accepted under UPI in seven countries outside of India: Bhutan, France, Mauritius, Nepal, Singapore, Sri Lanka, and the UAE.