khaskhabar.com : Monday, February 12, 2024 4:08 PM
New Delhi. India on Monday successfully launched its Unified Payment Interface (UPI) service in Sri Lanka and Mauritius.
Under this initiative, RuPay card service was also launched in Mauritius.
Prime Minister Narendra Modi attended the inauguration ceremony along with his Mauritian counterpart Pravind Jugnauth and Sri Lankan President Ranil Wickremesinghe.
Indians traveling to both the countries will be able to use UPI service to make payments. Mauritians traveling to India will also be able to do so.
Additionally, Mauritian banks will be able to issue RuPay cards and use them for transactions in both India and Mauritius.
The launch of this service comes amid growing bilateral economic relations with Sri Lanka and Mauritius.
The UPI service, developed by the National Payments Corporation of India (NPCI), enables instant real-time bank transactions using mobile phones.
RuPay is an India-based card payment network, widely accepted at retail locations, ATMs and online platforms globally.
Earlier, NPCI International Payments Limited (NIPL) had worked with Lyra, a renowned French expert in e-commerce and proximity payments, to launch UPI services in France.
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