UPI Payment services Launched in Shri Lanka and Mauritius




The introduction of UPI services in Sri Lanka and Mauritius marked a significant milestone in digital financial connectivity within the Indian Ocean Region. During a virtual event attended by Prime Minister Narendra Modi and leaders from both nations, the implementation of UPI was celebrated as a means of fostering closer ties between India and its neighboring countries. PM Modi emphasized the importance of these new responsibilities undertaken by UPI, highlighting India's commitment to being a reliable partner in times of need, whether in response to natural disasters, health crises, or on the international stage.


Mauritian PM Pravind Jugnauth and Sri Lanka's President Ranil Wickremesinghe joined PM Modi in the ceremony, underscoring the collaborative effort to enhance digital payment systems across borders. The expansion of UPI to Sri Lanka and Mauritius not only facilitates smoother transactions for Indian travelers but also allows Mauritian travelers in India to avail themselves of the convenient payment system. This initiative reflects India's proactive approach to digital integration and its willingness to share technological advancements with partner nations.


In addition to UPI services, the launch event also marked the introduction of RuPay card services in Mauritius, further extending India's digital footprint beyond its borders. The RuPay card, a product of India's robust financial infrastructure, offers a secure and globally accepted payment solution. With Mauritian banks now able to issue RuPay cards, individuals can make seamless transactions both within India and Mauritius, enhancing financial inclusivity and accessibility.


The presence of top leadership from Sri Lanka and Mauritius at the launch ceremony highlights the shared commitment to fostering closer economic and technological cooperation among the three nations. The Ministry of External Affairs emphasized India's leadership in fintech innovation and its dedication to sharing developmental experiences with partner countries. The extension of UPI and RuPay services not only streamlines digital transactions but also strengthens cultural and people-to-people connections, paving the way for deeper collaboration in the digital realm. Overall, the launch of UPI services in Sri Lanka and Mauritius signifies a step towards greater financial integration and connectivity within the Indian Ocean Region, bringing tangible benefits to citizens and businesses alike.

Previous Post Next Post