UPI's global premiere in France's famous Eiffel Tower

UPI's global premiere in France's famous Eiffel Tower

UPI's global premiere in France's famous Eiffel Tower

throughout a statement, NPCI announced that NPCI International Payments (NIPL), its branch, has partnered with Lyra, a French e-commerce and proximity payment company. This partnership will assist guarantee that the UPI payment method is recognized throughout the European nation, beginning with the Eiffel Tower.

According to the report, Indian visitors to the Eiffel Tower today make up the second-largest group of foreign visitors.

On Friday, India officially inaugurated UPI at the famous Eiffel Tower in this city, advancing Prime Minister Narendra Modi's goal of expanding UPI worldwide.

The National Payments Corporation of India (NPCI) created the Unified Payments Interface, an instant payments system, in 2016. "The official inauguration of UPI took place at the Republic Day event held at the famous Eiffel Tower. The official X feed of the Indian Embassy in France posted pictures from the ceremony along with a statement that said, "Announcing PM @narendramodi and implementing the vision of taking UPI global." shared using.

In response, Modi said, "It's wonderful to see; this is a big step in making UPI worldwide. It's an excellent illustration of how to promote digital payments and build closer bonds with others." UPI, according to NPCI, is a system that unifies various banking functions, smooth money routing, and merchant payments under a single mobile application (of any participating bank). As. On January 26, the 75th Republic Day festivities in New Delhi included French President Emmanuel Macron as the principal guest, at the request of Prime Minister Modi.

The official account reads, "New energy in India-France relations from a historic year in the strategic partnership." It also expressed gratitude to academics, business executives, legislators, Indian friends, and Indians residing in France.

throughout a statement, NPCI announced that NPCI International Payments (NIPL), its branch, has partnered with Lyra, a French e-commerce and proximity payment company. This partnership will assist guarantee that the UPI payment method is recognized throughout the European nation, beginning with the Eiffel Tower. According to the report, Indian visitors to the Eiffel Tower today make up the second-largest group of foreign visitors.

Indian visitors may start the payment process by simply scanning the QR code created on the merchant's website. The first retailer to use UPI payment is Eiffel Tower France, and additional retailers in the travel and retail industries throughout France and Europe will follow suit.