NPCI International Payments Limited (NIPL) has partnered with Trinidad and Tobago's Ministry of Digital Transformation to develop a real-time payments platform inspired by India's Unified Payments Interface (UPI), making Trinidad and Tobago the first Caribbean nation to adopt such a system. This initiative aims to enhance financial inclusion and facilitate secure digital transactions among individuals and businesses, bolstering the nation's financial infrastructure. By utilizing UPI's technology, the partnership intends to improve accessibility, affordability, and interoperability within both domestic and international payment networks. UPI has been a transformative force in India, processing nearly 15 billion transactions worth about USD 245 billion as of August 2024. NIPL is also exploring similar collaborations with over 20 countries globally to expand the reach of UPI-like platforms. The overall goal is to modernize Trinidad and Tobago's financial ecosystem and reduce reliance on cash.