The Unified Payment Interface (UPI) services were introduced in Mauritius and Sri Lanka, according to a statement released by the Ministry of External Affairs. In Mauritius, RuPay card services were also launched.
UPI in Sri Lanka’s Mauritius: According to the Ministry of External Affairs, the Unified Payment Interface (UPI) services were introduced in Mauritius and Sri Lanka on February 12 at 1:00 PM.
India has effectively launched its Unified Payment Interface (UPI) services in Sri Lanka and Mauritius. As part of a strategic initiative, RuPay card services have also been introduced in Mauritius. An Indian completed the first-ever UPI transaction in Sri Lanka, a significant development in international digital payments.
Indian Prime Minister Narendra Modi, President Ranil Wickremesinghe of Sri Lanka, and Prime Minister Pravind Jugnauth of Mauritius all took part in the virtual ceremony. Developed by the National Payments Corporation of India (NPCI), RuPay is an Indian-origin card payment network that is widely accepted at ATMs, online platforms, and points of sale across the world. UPI services, on the other hand, provide instantaneous real-time payment solutions using mobile phones.
This program demonstrated New Delhi’s dedication to promoting financial cooperation and digital connectivity while strengthening bilateral economic connections with Mauritius and Sri Lanka. According to the Ministry of External Affairs (MEA), India is a leader in Fintech innovation and digital public infrastructure, and the Prime Minister actively encourages partner countries to share their development stories and creative solutions.
The introduction will make UPI settlement services more easily accessible to both Indian nationals traveling to Sri Lanka and Mauritius and Mauritian nationals visiting India.
How does UPI operate overseas?
In order to use UPI for payments in Sri Lanka and Mauritius, people must first register a UPI-capable mobile application with their bank account. After the bank account is linked, customers are asked to specify the transfer amount and currency as well as recipient details like their bank account number, IBAN, and BIC.
How may payments be made using UPI in Sri Lanka and Mauritius?
- Go to the home screen by opening the UPI app.
- Press on your avatar.
- Choose UPI International under Payment Settings.
- Next to the bank account you wish to use for overseas UPI payments, tap Activate.
- In order to verify the activation, enter your UPI PIN.
- After your foreign payment has been enabled, scan the QR code that the seller has sent you.
- Type in the amount you want to spend. Both local currencies and Indian rupees will be displayed, along with the total amount due.
- Click or tap “Pay.”
- Put in your UPI PIN to finish the purchase.
