India's UPI & Rupay cards will soon be accepted in France, possibly paving the way for these cashless transactions in the rest of European Union in future.
After Singapore, UAE, Nepal and Bhutan, India's UPI & RuPay cards are going to make their services available in France, as confirmed by the Union Communication minister Ashwini Vaishnaw.
"India has started the process in France by signing a MoU between the NPCI International & Lyra Network of France", said Indian Ambassador in France Jawed Ashraf.
With UPI service and RuPay cards available in France, Indian tourists will be able to make seamless payments during their travel to that country.
UPI is among the most successful real-time payments (RTP) systems globally, providing simplicity, safety, and security in P2P and P2M transactions in India.
The NPCI (National Payments Corporation of India) international is also in talks to extend the UPI services in the US, other European countries, and West Asia.