News Desk, AnyTV, New Delhi
Published by: Jeet Kumar
Updated Fri, 17 Jun 2022 02:47 AM IST
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Expansion
Digital transactions in India are now running at a record level, with most people making payments through mobile wallets. At the same time, there is good news for people traveling to France because soon Unified Payments Interface (UPI) and RuPay cards will be accepted here.
MoU signed with Lyra Networks
Indian Ambassador to France Jawed Ashraf informed that India’s Unified Payments Interface (UPI) and RuPay cards will soon be accepted in France. National Payments Corporation of India International (NPCI International), the international arm of National Payments Corporation of India (NPCI), has signed a Memorandum of Understanding (MoU) with French payments company Lyra Networks.
It will be easier for tourists to pay
As per the MoU, the Lyra network will allow Indians to make payments using UPI and RuPay cards on their machines, making it easier to pay, especially for students and tourists from India.
MoU with France big achievement
Earlier, Union Communications Minister Ashwini Vaishnav had said that a Memorandum of Understanding (MoU) has been signed between NPCI International and France’s Lyra Network for ‘Acceptance of UPI and RuPay Cards’ in France. Also said that India is doing 5.5 billion UPI transactions in a month. The MoU with France is a big achievement for us.