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Which country signs agreement to accept UPI payments and RuPay cards from India?
A)
Germany
B)
Spain
C)
Poland
D)
France

Correct Answer :   France


Union Communication Minister Ashwini Vaishnaw said that UPI and Rupay card services will be available in France soon, giving a huge boost to the Unified Payments Interface (UPI) and Rupay cards.

The overseas branch of India’s National Payments Corporation (NPCI) has inked a Memorandum of Understanding (MoU) with France’s Lyra Network for the acceptance of UPI and Rupay in the country.
 
 
Important Points :
 
* So far, countries such as Singapore, the United Arab Emirates, Bhutan, and Nepal have adopted India’s UPI payment system.

* The NPCI International is in discussions to expand UPI services in the United States, Europe, and West Asia.

* Indian travellers will be able to make smooth payments throughout their trip to France thanks to an agreement between NPCI International and Lyra Network.

* Jawed Ashraf, an Indian ambassador in France, spoke about his experience with a seamless and transparent digital payment system and how beneficial it may be in France..

Source : Business Insider

Published On : June 17, 2022
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