London-based digital finance firm Revolut announced on Wednesday that it is set to launch its payment platform in India, marking its foray into one of the world's largest digital payments markets.

This move is a key part of the company's plan to expand its services globally. The company already operates in the United Kingdom, Switzerland, Australia, New Zealand, Japan, Singapore, the United States and Brazil, among several other nations.

Revolut will enable Indian users to make both domestic and international payments by leveraging its tie-ups with the Unified Payments Interface (UPI) and Visa. Also Read | How would Sebi's valid UPI handles make digital payments safer for investors? Also Read | RBI releases framework on authenticating digital payments beyond 2FA

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