Launch Of UPI At Eiffel Tower

PM Modi praises…

PM Modi lauded the launch of the Unified Payments Interface (UPI) at the Eiffel Tower in Paris, saying it "marks a significant step towards making UPI globally."

This is an example of encouraging digital payments and depicting stronger ties," said PM Modi in a post on social media.

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 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 and the vision of taking UPI global."

The UPI is India's mobile-based payment system and allows people to make 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, easy fund routing and merchant payments into one hand.

In 2023, India and France committed to nurturing an ecosystem and building collaborations that empower their citizens and ensure their full participation in the digital century, according to the India-France statement.