We do not need to tell you how popular UPI payment is in India. The Government of India now insists on starting the UPI service in other countries so that Indian people can travel easily. Recently, PM Modi was on a 2-day visit to France, discussing running UPI payments in France.
After France, UPI payment service will start in another country. Prime Minister Narendra Modi and Sri Lankan President Ranil Wickremesinghe have signed an agreement. After Singapore, UAE, Nepal, Bhutan and France, Sri Lanka is the new country to adopt India’s Unified Payments Interface (UPI) payment service. If you travel to Sri Lanka, you can now make payments there through UPI.
India’s mobile-based payment system, UPI, allows customers to make instant payments at any time of the day. For this Virtual Payment Address, i.e. VPA is used. Apart from UPI, talks have occurred between India and Sri Lanka regarding petroleum lines and land bridge connectivity.
Let me tell you, in 2022, India helped Sri Lanka with $4 billion, including a loan. The Government of India had helped the neighbouring country to buy food and fuel to fight the economic crisis.
UPI Service Will Start From This Place In France
UPI service has not yet started in the whole of France. UPI payment will begin from Eiffel Tower, and people can buy tickets with a Rupay card here. During his visit to France, PM Modi announced that UPI payments would also be accepted in Europe. Apart from this, Singapore has also adopted UPI payment. India’s UPI and Singapore’s PayNow have signed an agreement allowing people to make real-time, cross-border secure payments.
