The Ministry of External Affairs announced the launch of Unified Payment Interface (UPI) services in Sri Lanka and Mauritius, along with the introduction of RuPay card services in Mauritius. This initiative aims to provide digital payment options for Indian nationals visiting these countries and for tourists from Sri Lanka and Mauritius visiting India.
The expansion of these services will facilitate faster and seamless digital transactions, promoting enhanced digital connectivity between nations. Additionally, the extension of RuPay card services in Mauritius will allow Mauritian banks to issue cards based on the RuPay mechanism, enabling their use for settlements in both India and Mauritius.
India’s RuPay card services would also be launched in Mauritius at the event Mauritian PM Pravind Jugnauth and Sri Lanka’s President Ranil Wickremesinghe will join Modi at the virtual ceremony, according to the Ministry of External Affairs (MEA).
Prior to this, NPCI International Payments Limited (NIPL) collaborated with Lyra, a prominent French expert in e-commerce and proximity payments, to introduce UPI services in France. This partnership led to the Eiffel Tower becoming the first merchant in the country to accept UPI payments, streamlining the transaction process for Indian tourists.
Developed by the National Payments Corporation of India (NPCI), UPI is an instant real-time payment system to facilitate inter-bank transactions through mobile phones. RuPay is a global card payment network from India, with wide acceptance at shops, ATMs, and online.