Key facts
- India's Unified Payments Interface (UPI) was launched at Galeries Lafayette in Nice, France.
- The launch aims to strengthen economic and technological ties between India and France.
- UPI was also launched at the Eiffel Tower in Paris in 2024.
- Galeries Lafayette Nice Massena is a prominent French department store.
- UPI is now accepted in nine countries, facilitating payments for Indian travelers.
India's Unified Payments Interface (UPI) has been launched at the Galeries Lafayette department store in Nice, France. The initiative, announced on Tuesday, is intended to bolster economic and technological connections between India and France, reflecting the growing ambition of their strategic partnership.
Commerce and Industry Minister Piyush Goyal highlighted the significance of bringing India's digital payment platform to a major French retail destination, marking another step in UPI's global expansion. He noted that this collaboration, involving Lyra Collect and NIPL, demonstrates India's capacity to deliver scalable and trusted digital solutions.
This launch follows UPI's introduction at the Eiffel Tower in Paris earlier in 2024. Galeries Lafayette Nice Massena is the Nice branch of the renowned French department store chain, known for offering a wide range of brands across fashion, beauty, and lifestyle.
With this expansion, UPI is now operational in nine countries: Singapore, the United Arab Emirates, France, Mauritius, Nepal, Bhutan, Qatar, Sri Lanka, and Cambodia. This allows Indian travelers to make convenient payments abroad using familiar platforms.