Indians already residing in France will soon have access to the same payment options as their fellow countrymen once the Unified Payments Interface (UPI) and Rupay cards are introduced. Ashwini Vaishnaw, minister of communication for the Union, has announced the debut of new services and promised that they will soon be accessible in France.
National Payments Corporation of India (NCPI) has reportedly started the process by signing a Memorandum of Understanding (MoU) with Lyra Network of France, as reported by the ANI news agency. Bringing the UPI payment system to Europe is a top priority for India. This move is expected to improve the UPI system significantly.
Nepal, Singapore, the United Arab Emirates, Bhutan, and many more nations have all successfully used the same system. The United States, Europe, and West Asia are just some of the places that NPCI International hopes to roll out the UPI-based system soon. As the procedure has begun in France, Indian tourists will soon have an easier time making purchases.
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We put in an effort, and it paid off with a good takeoff. To pay for their goods, customers can use both the Unified Payments Interface (UPI) and the RuPay card. I am certain that we can achieve similar results throughout Europe. We hope to launch UPI and RuPay cards in France very shortly. We need to have talks about this with the French government and businesses. Digital payment is widely underutilised in France. Yet, it must be coordinated and coordinated. It’s not as efficient as what we have in India, Ashraf added.
The Ambassador spoke on his own experience and stated that he believes the UPI system would benefit many. He once visited a doctor but was unable to pay him in cash or by check. After that, he needed to visit an ATM to get his hands on the cash. When the UPI system is fully implemented, consumers won’t have to deal with these issues anymore.
