Following Eiffel debut, India launches UPI at Galeries Lafayette, Paris

India's Unified Payments Interface (UPI) has expanded its footprint to the heart of Paris, with the flagship store of Galeries Lafayette on Haussmann Boulevard now accepting UPI payments.

PM Modi interacts with Neeraj Chopra, PV Sindhu & other Indian contingent heading for Paris Olympics
You can now use UPI to pay in Paris' Galeries Lafayette. India's Unified Payments Interface (UPI) has marked a significant expansion with its launch at the Galeries Lafayette flagship store on Haussmann Boulevard in Paris.

Following a successful introduction at the iconic Eiffel Tower earlier this year, this move aligns with Prime Minister Narendra Modi's vision to internationalize UPI, an instant payment system developed by the National Payments Corporation of India (NPCI) in 2016.

The Indian Embassy in France announced on Thursday, "On July 3, 2024, UPI became operational at the flagship store of the world-renowned Galeries Lafayette in Haussmann, Paris. This extends the acceptance of UPI in Paris following its successful debut at the iconic Eiffel Tower."


Ambassador Jawed Ashraf launched UPI in real-time at Galeries Lafayette in the presence of Nicolas Houze, CEO of Galeries Lafayette, and Alain Lacour, Chairman of Lyra Group, highlighting the strategic collaboration between Lyra and NPCI. This initiative precedes the Paris Olympics scheduled to commence on July 26, 2024, which anticipates a significant influx of Indian visitors.

Reflecting on past achievements, Ambassador Ashraf recalled Prime Minister Modi's inaugural international launch of UPI in Singapore in 2018, underscoring UPI's evolving global journey. He expressed optimism that UPI would not only facilitate swift, secure, and efficient cross-border digital payments but also grow as a medium for cross-border remittances worldwide.

According to NPCI, UPI integrates multiple bank accounts into a single mobile application, providing seamless fund routing and merchant payments across participating banks. This advancement positions UPI as a comprehensive digital payment system, aligning with global fintech trends.
ADVERTISEMENT

Countries where you can pay by UPI
1/9

Indian tourists can use UPI to pay. Banks in Mauritius will also be able to issue RuPay cards.

Indian tourists can use UPI to pay. Banks in Mauritius will also be able to issue RuPay cards.

Indian travellers can make QR code-based payments in Sri Lanka using their UPI apps.

Indian travellers can make QR code-based payments in Sri Lanka using their UPI apps.

Nepali users can make a bank transfer to India with a UPI ID through mobile banking.

Nepali users can make a bank transfer to India with a UPI ID through mobile banking.

BHIM UPI QR-based payments were launched in Bhutan on July 13, 2021.

BHIM UPI QR-based payments were launched in Bhutan on July 13, 2021.

Indian visitors to the Eiffel Tower in Paris can now pay for tickets using UPI.

Indian visitors to the Eiffel Tower in Paris can now pay for tickets using UPI.

Indian RuPay cards work at all OmanNet network ATMs, POS & e-comm sites; Oman cards/MPCSS can also be used on India's NPCI networks.

Indian RuPay cards work at all OmanNet network ATMs, POS & e-comm sites; Oman cards/MPCSS can also be used on India's NPCI networks.

NIPL has joined with Liquid Group for QR-based UPI payments in Thailand, Vietnam, Singapore & 6 other countries.

NIPL has joined with Liquid Group for QR-based UPI payments in Thailand, Vietnam, Singapore & 6 other countries.

Govt is also working to bring UPI services in the UK, Australia, EU nations and US.

Govt is also working to bring UPI services in the UK, Australia, EU nations and US.

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › NRI › Invest › Following Eiffel debut, India launches UPI at Galeries Lafayette, Paris
Text Size:AAA
Success
This article has been saved

*

+