As the country is receiving travelers from all across the world for G20, various preparations are made for their comfort. Similarly, on Tuesday, the Reserve Bank of India made an important announcement for the G20 travelers. The eligible travelers and delegates for the G20 from various countries will be given PPI wallets linked to UPI at the airports.
Prepaid Payment Instrument (PPI) wallets linked to UPI are available at all international airports for making payments up to 5 crores. The international airport of New Delhi, Mumbai, and Bangalore have these facilities.
These are provided to make the transaction for travelers and delegates for easy transactions in India.
BANKS THAT ISSUED PPI
Two banks in India that have issued the UPI linked facilities are,
- ICICI Bank
- IDFC Bank
Two non-bank PPI-issued companies are,
- Pine Labs Private Limited
- Transcorp International Limited
COUNTRIES OF G20
The countries for which this facility of PPI is available are,
- Argentina, Australia, Brazil, Canada, China
- France, Germany, India, Indonesia, Italy
- Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia
- South Africa, Turkey, the UK, the US & European Union (EU).
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