President, Indian PM, Mauritius PM to witness UPI launch in Sri Lanka



President  Ranil Wickremesinghe, Indian Prime Minister Narendra Modi and Prime  Minister of Mauritius Pravind Jugnauth will witness the launch of  Unified Payment Interface (UPI) services in Sri Lanka and Mauritius, and  also RuPay card services in Mauritius today at 1.00 PM via video  conferencing, a statement from the Indian High Commission said yesterday.

 

According to the statement, India has emerged as a  leader in Fintech innovation and Digital Public Infrastructure. Prime  Minister has placed a strong emphasis on sharing our development  experiences and innovation with partner countries. Given India’s robust  cultural and people-to-people linkages with Sri Lanka and Mauritius, the  launch will benefit a wide cross-section of people through a faster and  seamless digital transaction experience and enhance digital  connectivity between the countries.


The launch will enable the availability of UPI settlement services for Indian nationals travelling  to Sri Lanka and Mauritius, as well as for Mauritian nationals  travelling to India. The extension of RuPay card services in Mauritius  will enable Mauritian banks to issue cards based on RuPay mechanism in  Mauritius and facilitate usage of RuPay Card for settlements both in  India and Mauritius.



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