Venlo, a neo-banking platform, has launched a UPI-powered app to provide faster cross-border payment experience for users.
The app enables users, including expats and immigrants traveling to India, freelancers, tourists and small businesses, to share and spend in their respective currencies without maintaining multiple accounts, wallets or payment apps across the world. It is a UPI-backed wallet that allows users to have multi-currency bank accounts and spend locally in India.
Source:
Economic Times
