Paris, Feb 2: India on Friday formally launched UPI at the iconic Eiffel Tower here, terming it as taking Prime Minister Narendra Modi's vision of taking UPI global.
Unified Payments Interface is an Indian instant payment system developed by the National Payments Corporation of India (NPCI) in 2016.
"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 official X handle of India's Embassy in France posted along with the photos of the event.
Replying to this, Modi said, "Great to see this- it marks a significant step towards taking UPI global. This is a wonderful example of encouraging digital payments and fostering stronger ties."
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, according to NPCI.
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 new energy in India-France ties from a historic year in the Strategic Partnership visible at 75th Republic Day reception," the official handle X posted and thanked the Minister Delegate in charge of Democratic Renewal, Government Spokesperson Prisca Thevenot for honouring the occasion.
It also thanked the members of Parliament, business leaders, scholars, friends of India & Indians in France.
The NPCI said in a statement that its arm NPCI International Payments (NIPL) has tied up with French e-commerce and proximity payments Lyra, which will help ensure that the UPI payment mechanism is accepted in the European country, starting with the Eiffel Tower.
At present, Indian tourists rank as the second largest group of international visitors to the Eiffel Tower, it said. Indian tourists can simply scan a QR code generated on the merchant's website and initiate a payment.
Eiffel Tower is the first merchant to offer UPI payments in France, and the service will soon be extended to other merchants in the tourism and retail space across France and Europe.
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
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New Delhi (PTI): Prime Minister Narendra Modi on Monday paid homage to those killed in the Jallianwala Bagh massacre in 1919, and said their sacrifice stands as a powerful reminder of the indomitable spirit of the people of India.
Modi also said the saga of those killed in the massacre, their indomitable courage and self-respect against the barbarity of foreign rule will continue to inspire every generation of the nation.
"On this day, we pay our heartfelt homage to the brave martyrs of Jallianwala Bagh. Their sacrifice stands as a powerful reminder of the indomitable spirit of our people. The courage and determination they displayed continue to inspire generations to uphold the values of liberty, justice and dignity," Modi said in a post on X.
Hundreds of people protesting peacefully against the Rowlatt Act, which granted the
colonial administration repressive powers, were gunned down by British forces without any provocation on this day in 1919 at a garden in Amritsar.
While the official figure put the number of dead at 379, freedom movement leaders had claimed that several hundreds more died in the firing.
