After France, UPI Launched In Sri Lanka and Mauritius
Colombo: After France, UPI Services have now been launched in Sri Lanka! Prime Minister Narendra Modi was present virtually for the first-ever UPI transaction made in Sri Lanka today.
After Sri Lanka, the first UPI transaction was held in Mauritius, marking a new beginning in the ties with India. Along with PM Modi, External Affairs Minister S Jaishankar and RBI Governor Shaktikanta Das were also virtually present for the launch of the United Payments Interface in Sri Lanka and Mauritius.
In Mauritius, along with UPI, RuPay cards have also been launched in collaboration with the Bank of Mauritius and the Reserve Bank of India.
The Prime Minister of Mauritius Pravind Jugnauth thanked PM Modi and India for establishing digital payment systems. Following the launch of UPI services, Sri Lankan President Ranil Wickremesinghe congratulated PM Modi on the successful launch of the digital payments interface as well as the launch of the Ram Mandir In Ayodhya.
While addressing PM Modi and his Mauritian Counterpart, the Sri Lankar President added that "Sri Lanka looks forward to having closer relations with Mauritius with the launch of UPI."
Addressing the historic launch, PM Narendra Modi stated that UPI has made it possible for digital payments to be made in the smallest and remotest of villages in India.
PM Modi also discussed SAGAR - Security and Growth For All in the Region - Initiative as part of its "Neighbourhood First" policy. SAGAR is a maritime initiative that prioritises the Indian Ocean region to ensure peace, stability, and prosperity in the Indian Ocean.