India launches UPI payments at world-renowned Galeries Lafayette in Paris

India has launched the Unified Payments Interface at Paris' historic department store Galeries Lafayette after a successful launch at the iconic Eiffel Tower. This significant step is towards realising Prime Minister Narendra Modi’s vision of globalising UPI, which is an Indian instant payment system developed by the National Payments Corporation of India in 2016. This expands the acceptance of UPI in Paris after a successful launch at the iconic Eiffel Tower," the Indian Embassy in France said in a release on Thursday. In February, India formally launched UPI at the iconic Eiffel Tower here, terming it as taking Prime Minister Modi’s “vision of taking UPI global.” Recalling the success of the UPI launch at the Eiffel Tower in January 2024 and the meeting hosted for potential merchants with NPCI International in February 2024, the 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 a large number of Indian visitors, the release said.