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India's UPI took its first steps towards a global launch as the ground-breaking digital payments system was formally launched in France at the iconic Eiffel Tower in Paris. The Indian Embassy in France said on Friday and termed it as part of Prime Minister Narendra Modi's "vision of taking UPI global."
In a post on X, the Indian Embassy in France stated, UPI formally launched at the iconic Eiffel Tower at the huge Republic Day Reception. Implementing PM @narendramodi's announcement & the vision of taking UPI global.
UPI formally launched at the iconic Eiffel Tower at the huge Republic Day Reception. 🇮🇳➡️🇫🇷
— India in France (@IndiaembFrance) February 2, 2024
Implementing PM @narendramodi’s announcement & the vision of taking UPI global. pic.twitter.com/abl7IPJ0To
The National Payments Corporation of India (NPCI) had announced that tourists visiting Eiffel Tower will now be able to book their trip to the iconic monument using UPI payments.
Incidentally, at the invitation of Prime Minister Modi, Emmanuel Macron, President of France, was the Chief Guest for the 75th Republic Day celebrations in New Delhi on January 26.
The two leaders had visited a local shop during their visit to Hawa Mahal in Jaipur where PM Modi explained the UPI digital payments system to the French President.
The UPI is India's mobile-based payment system and allows people to make round-the-clock payments through a virtual payment address created by the customer. UPI is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing and merchant payments into one hood.
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