India and France have agreed to use UPI payment mechanism, allowing Indian tourists in France to make payments in rupees. The initiative will begin from the Eiffel Tower. The move is expected to increase bilateral trade and tourism between the two countries
India. and France have agreed to use Unified Payments Interface (UPI) payment mechanism which will begin from the iconic Eiffel Tower, Prime Minister Narendra Modi announced on Thursday. He said Indian tourists in France will now be able to make payments in rupees
Addressing. the Indian group at La Seine Musicale in Paris, PM Modi said, “Be it India’s UPI or different digital platforms, they have brought a great social transformation in the state and I am comfortable that India and France are additionally working jointly in direction”
“India. and France have agreed to use UPI in France. I will depart after the agreement. However, it is your job to move ahead. Friends, in the coming days its beginning will be made from Eiffel Tower which means that Indian tourists will now be able to make payments in Rupees, by means of UPI, at Eiffel Tower,” the Prime Minister pronounced as quoted by ANI
The. announcement is seen as a significant development for bilateral trade and tourism between India and France. PM Modi additionally stated that the two countries are working on archaeological missions for a lengthy time
“Very. few individuals know that India and France are working on archaeological missions for a lengthy time. It’s expanded from Chandigarh to Ladakh. Digital infrastructure is one other sector that strengthens the ties between India and France,” PM Modi said
He. additionally confused the people-to-people connect between France and India, saying that it is the “strongest foundation” of the partnership between the two countries, ANI reported
“India. and France are tackling many challenges of the twenty first century. Therefore, at this crucial time, the value of the strategic partnership between our countries has elevated even more,” he added
The. Prime Minister, who arrived in Paris on Thursday on a two-day official visit, was accorded a ceremonial welcome at the airport. He was welcomed by French Prime Minister Elisabeth Borne at the airport
Unified. Payments Interface (UPI) is India’s mobile-based payment system and permits individuals to make round the clock payments by means of a virtual payment address created by the customer
UPI. and Singapore’s ‘PayNow’ signed an agreement facilitating clients in both state to make cross-border transactions earlier this year.
