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?
Explanation:
As of recent developments regarding UPI's international expansion for merchant payments: I. United Arab Emirates (UAE): UPI is accepted for merchant payments in the UAE through various partnerships. II. France: NPCI International Payments Ltd (NIPL) has partnered to implement UPI payment mechanisms in France, making it accepted for merchant payments. III. Germany: While there are discussions and potential future integrations, Germany has not yet fully implemented UPI for international merchant payments. IV. Singapore: India's UPI and Singapore's PayNow have been linked, enabling cross-border transactions, including merchant payments. V. Bangladesh: While there are strong bilateral ties, UPI for international merchant payments is not yet fully operational or widely accepted in Bangladesh. Therefore, among the given countries, UPI for international merchant payments is accepted in UAE, France, and Singapore, which is 'Only three'.