UPI payments were introduced in Mauritius and Sri Lanka to strengthen commercial connections.

business-standard.com India 13-02-2024 Share

Prime Minister Narendra Modi said that India's Unified Payment Interface (UPI) services, which connect traditional relationships with contemporary digital technology, were launched in Mauritius and Sri Lanka on Monday.
Along with Prime Minister Modi, President Ranil Wickremesinghe of Sri Lanka, and his Mauritian counterpart Pravind Jugnauth attended a virtual ceremony to launch India's RuPay card services in Mauritius.

Modi expressed his optimism that the new fintech services will benefit both countries and stated that the UPI is taking on "new responsibilities of uniting partners with India" in his speech.
"Today is a special day for the three friendly countries of the Indian Ocean Region as we are linking our historic ties with modern digital technology," he stated.

"I believe that Sri Lanka and Mauritius will benefit from the UPI system," Modi said.

The prime minister said digital public infrastructure has brought about a revolutionary change in India. He also highlighted India's focus on its "neighbourhood first policy".

"Be it a natural disaster, health-related, economic or supporting on the international stage, India has been the first responder, and will continue to be so," he said.

With New Delhi's bilateral commercial relations to Sri Lanka and Mauritius growing, Indian services were introduced in both nations.
With this change, Indian nationals traveling to Sri Lanka and Mauritius as well as Mauritius nationals traveling to India can now access UPI settlement services.
 

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