UPI in France News: Paying using Rupees is now an option for Indian visitors
UPI in France News: According to an announcement made by the National Payments Corporation of India on February 2nd, the universal payments interface (UPI) of India is currently operational in France.
The UPI payment method will be accepted in France, beginning with the renowned Eiffel Tower, according to an announcement made by NPCI International Payments Limited (NIPL) and Lyra, a French pioneer in safeguarding e-commerce and proximity payments.
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What Is The Benifit of UPI in France News
Benifit of UPI in France News: The new online ticketing system for the Eiffel Tower, UPI, has made the booking procedure fast, straightforward, and hassle-free for Indian travelers.
With more Indian tourists than any other country, this revelation could not have come at a more important time for the Eiffel Tower. With their UPI-enabled applications, Indian visitors may buy online safely by scanning the QR code shown on the store’s website.
Merchants in the tourism and retail industries throughout France and Europe stand to gain a great deal from the acceptance of UPI, since it offers Indian visitors a convenient payment alternative and opens up a world of possibilities. Although the Eiffel Tower is the pioneer in accepting UPI payments in France, other businesses in the retail and tourist industries may soon follow suit.
This would greatly simplify the process for Indian tourists visiting France to reserve accommodations, museum admission, and more from the comfort of their own homes.
Indians visiting the iconic #EiffelTower in #Paris can now buy tickets via #UPI mechanism, NPCI International Payments Limited (NIPL) announced.#France is the first European nation where UPI will be accepted.
— Hindustan Times (@htTweets) February 2, 2024
Read more here: https://t.co/wAy2ESucrh pic.twitter.com/rZMpXSymGA
Former NIPL CEO Ritesh Shukla Said
Our goal at NIPL is to build a fully interoperable global payment system and make NPCI’s payment solutions available in foreign markets. We are committed to building strong relationships with financial institutions throughout the globe in order to provide our customers safe and easy cross-border payment alternatives. This aim is now within reach thanks to our strategic alliance with Lyra.
Commercial Director of Lyra France, Christophe Mariette Said
The confidence placed in us to introduce UPI to the European market by the Indian government and NIPL is an honor. This relationship strengthens our engagement with this large nation, and our presence in India for the last 17 years is more evidence of it. We further prove that we can anticipate market trends and fortify our resolve to accept every payment option in the globe. Partners in the French and European tourist ecosystem may look forward to new business prospects and a big step forward thanks to this alliance.
The Unified Payments Interface (UPI) has made a big splash in India with its 380 million users. Over 12.2 billion transactions were processed by UPI in January 2024, demonstrating its extensive use.
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