"France Embraces India's UPI: Eiffel Tower Launches PM Modi's Initiative"

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Source: NDTV
"France Embraces India's UPI: Eiffel Tower Launches PM Modi's Initiative"
Photo: NDTV
TL;DR Summary

Indian Prime Minister Narendra Modi announced that India's successful Unified Payments System (UPI) will be used in France, starting from the iconic Eiffel Tower. This move will allow Indian tourists to make payments in rupees, eliminating the need for forex cards or cash. UPI, which merges multiple bank accounts into a single mobile application, has gained significant popularity in India and has already been adopted by countries like the UAE, Bhutan, and Nepal. The National Payments Corporation of India (NCPI) is also in talks to extend UPI services to the US, other European countries, and West Asia.

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