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Saturday, April 27, 2024

UPI formally launched in France at Republic Day Reception at the Eiffel Tower in Paris

“UPI formally launched in France at Republic Day Reception at the Eiffel Tower in Paris”, Opindia, February 2, 2024:

“The Unified Payments Interface (UPI) has been formally launched at the 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.” The UPI was formally launched at the Republic Day reception held in France.

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.”

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 (of any participating bank), merging several banking features, seamless fund routing and merchant payments into one hood…..”

Read the full article at Opindia.com

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