UPI Services Launched in Sri Lanka and Mauritius Following France Expansion

Prime Minister Narendra Modi joined his Mauritian counterpart Pravind Jugnauth and Sri Lankan President Ranil Wickremesinghe virtually to witness the launch event. RuPay cards were introduced in Mauritius. The Prime Minister’s office stated that 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. Indians visiting the two countries can use UPI to make payments, while Mauritians traveling to India will also be able to use it.

The extension of RuPay services will enable Mauritian banks to issue RuPay cards and use them for settlements in both India and Mauritius. The government emphasized India’s leadership in Fintech innovation and Digital Public Infrastructure, and the Prime Minister’s commitment to sharing development experiences and innovation with partner countries. UPI was launched at the Eiffel Tower in Paris on February 2 during the Republic Day reception, as part of PM Modi’s “vision of taking UPI global”. The UPI is a mobile-based payment system in India that allows round-the-clock payments via a virtual payment address.

It consolidates multiple bank accounts into a single app and brings several banking features under one hood.