The Unified Payments Interface (UPI) of India became live at the flagship store of the world-renowned Galeries Lafayette in Haussmann, Paris. This expands the acceptance of UPI in Paris after a successful launch at the iconic Eiffel Tower.
Ambassador of India to France and Principality of Monaco Jawed Ashraf launched UPI by live use at the store in the presence of Nicolas Houzé, CEO of Galeries Lafayette, and Alain Lacour, Chairman of Lyra Group.
Recalling the success of UPI launch at the Eiffel Tower in January 2024 and the meeting hosted for potential merchants with NPCI International in February 2024, Ambassador welcomed the quick conclusion of the agreement and arrangement between Lyra and NPCI for the launch of UPI at the world-famous Galeries Lafayette ahead of the Paris Olympics starting July 26, 2024, which is expected to draw large number of Indian visitors. Ambassador recalled the first international launch of UPI in Singapore in 2018 by Hon’ble Prime Minister of India, Shri Narendra Modi, and expressed satisfaction at the international journey of UPI.
He hoped that in addition to quick, safe and efficient means of cross-border digital payments, UPI will grow as a medium of cross-border remittances and eventually become the digital payment system in countries across the world. ( Embassy of India Press Release )
