Trinidad & Tobago has made history as the first Caribbean nation to adopt India's Unified Payments Interface (UPI), following an agreement signed on September 26, 2024, with the NPCI International Payments Limited (NIPL). The partnership aims to create a digital payments platform for seamless person-to-person and person-to-merchant transactions, enhancing the efficiency and transparency of the country's financial system. UPI's implementation is expected to reduce cash reliance, lower transaction costs, and modernize Trinidad & Tobago's financial ecosystem, which has already seen successful UPI deployments in countries like France and the UAE. The agreement also allows Trinidad & Tobago to retain full ownership of the UPI platform, ensuring it can be tailored to local needs. The NPCI has previously established similar agreements with other countries, and this collaboration marks a significant step towards broader digital transformation in the Caribbean. Stakeholders believe this initiative will revolutionize financial transactions in the country, fostering long-term growth and capacity development.