After France, India's UPI Set To Be Launched In Mauritius & Sri Lanka Today
Just a week after India¡¯s homegrown payment revolution UPI launched in France, starting from the iconic Eiffel Tower, two other countries are set to begin using UPI from today. UPI services are set to be launched in Sri Lanka and Mauritius.
Just a week after India¡¯s homegrown payment revolution UPI launched in France, starting from the iconic Eiffel Tower, two other countries are set to begin using UPI from today.
UPI Set To Be Launched in Sri Lanka & Mauritius Today
PM of India @narendramodi, PM of Mauritius @MauritiusPM, and President of Sri Lanka to witness historic launch of UPI and RuPay connectivity with Mauritius and Sri Lanka #UPI - #RuPay on February 12, 2024 at 1:00 PM.
¡ª ReserveBankOfIndia (@RBI) February 11, 2024
Live at: https://t.co/8uDyl9x0A9@DasShaktikanta, @RBI,¡ pic.twitter.com/KwZL14xY2o
India's UPI services are set to be launched in Sri Lanka and Mauritius at 1 pm today. Besides this, RuPay card services will be launched in Mauritius, the Ministry of External Affairs said in a press release on Sunday. RBI tweeted about the same.
This comes about eight years after UPI was launched in India in 2016 by NPCI, the same year in which we saw demonetization of Rs 500 and Rs 1,000 notes as well.
PM Modi To Attend The Historic UPI Launch
upi launch sri lanka mauritius/Shutterstock
India¡¯s Prime Minister Narendra Modi, President of Sri Lanka Ranil Wickremesinghe and Prime Minister of Mauritius Pravind Jugnauth will witness the historic launch on Monday (February 12th) via video conferencing, as per a tweet by RBI.
¡°The launch will enable availability of UPI settlement services for Indian nationals travelling to Sri Lanka and Mauritius as well as for Mauritian nationals travelling to India," the ministry said.
It added, ¡°The extension of RuPay card services in Mauritius will enable Mauritian banks to issue cards based on RuPay mechanism in Mauritius and facilitate usage of RuPay Card for settlements both in India and Mauritius."
The ministry further noted "Given India¡¯s robust cultural and people-to-people linkages with Sri Lanka and Mauritius, the launch will benefit a wide cross-section of people through a faster and seamless digital transaction experience and enhance digital connectivity between the countries."
Also Read: How To Reverse UPI Payment Mistakenly Made To Wrong ID
From France To Bhutan: 40+ Countries Have Said Yes To UPI
Sri Lanka and Maldives are set to join about 40 other nations that have already said yes to adoption of India's UPI. Last week, UPI was launched in France, starting from the iconic Eiffel Tower.
eiffel tower upi /Pixels
Other countries that will soon start or have already started using UPI, are as follows:
1.Bhutan
2.Oman
3.France
4.Nepal
5.UK
6.UAE
7.Singapore
8.Malaysia
9.Thailand
10.Hong Kong
11.Philippines
12.South Korea
13.Japan
14.Indonesia
15.Vietnam
16.Sri Lanka
17.Egypt
18.USA
19.Mauritius
20.Australia
21.Saudi Arabia
22.Qatar
23.Austria
24.Belgium
25.Croatia
26.Cyprus
27.Estonia
28.Finland
29.Germany
30.Greece
31.Ireland
32.Italy
33.Latvia
34.Lithuania
35.Luxembourg
36.Malta
37.Netherlands
38.Portugal
39.Slovakia
40.Slovenia
41.Spain
Also Read: Explained: How RBIs Digital Rupee (e?) Is Different From UPI
For the latest and more interesting financial news, keep reading Indiatimes Worth. Click here
