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?
- AOnly two
- BOnly threeCorrect
- COnly four
- DAll the five
Explanation
Countries other than India where UPI international merchant payments are accepted:
I. United Arab Emirates: Yes, UPI is accepted for merchant payments in UAE through various partnerships with local payment systems.
II. France: Yes, UPI has been enabled for merchant payments in France through collaborations with local financial institutions.
III. Germany: No, UPI merchant payments are not currently accepted in Germany.
IV. Singapore: Yes, UPI is accepted for merchant payments in Singapore through partnerships with local payment networks.
V. Bangladesh: No, UPI merchant payments are not currently accepted in Bangladesh, though there are discussions about digital payment cooperation.
Therefore, three countries (UAE, France, Singapore) accept UPI for international merchant payments.
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