‘UPI to go live in France in three to four months..,’ says NIPL CEO Ritesh Shukla
ANI, Ritesh Shukla said that India and France have just signed the agreement and Prime Minister Narendra Modi announced it during his visit to France. He said that they are working on creating readiness on both sides with banks in India and merchants in France. Speaking about the commencement of UPI operations in France, Shukla said, "We are working on creating readiness on both sides with banks in India and with merchants in France and I think it will take about three to four months for us to go live, so we are working towards making that happen." Indian tourists visiting France will now have the convenience of paying for Eiffel Tower tickets and other attractions in rupees, following an agreement between both countries to utilize the Indian government's Unified Payments Interface (UPI).
Ritesh Shukla also mentioned that UPI-powered apps are already usable in Singapore, Bhutan, and the United Arab Emirates. Furthermore, they are actively collaborating with several other countries to implement UPI operations. In the next three to four months, UPI is expected to go live in two to three additional countries.
"So, basically, today UPI powered apps Bhim UPI can be used in countries like UAE, Singapore and Bhutan. And in addition to these, we are working with many other countries who are of importance to travellers from India within the region and wherever there is QR-based acceptance," Ritesh Shukla told ANI. The mobile payment method will make it easier for tourists to do away with cumbersome Forex cards and avoid the need to carry cash.
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