Indian PM Modi, Wickremesinghe, Jugnauth to witness launch of UPI services in Sri Lanka, Mauritius

Indian PM Modi, Wickremesinghe, Jugnauth to witness launch of UPI services in Sri Lanka, Mauritius

New Delhi : Prime Minister Narendra Modi, President of Sri Lanka, Ranil Wickremesinghe and Prime Minister of Mauritius, Pravind Jugnauth will witness the launch of Unified Payment Interface (UPI) services in Sri Lanka and Mauritius, as well as, RuPay card services in Mauritius, on Monday 1 pm via video conferencing, the Ministry of External Affairs (MEA) said.

India has emerged as a leader in fintech innovation and digital public infrastructure. PM Modi 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 MEA release also said.

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 the RuPay mechanism in Mauritius and facilitate the usage of RuPay cards for settlements both in India and Mauritius, it added.

Notably, during Wickremesinghe's New Delhi visit in July 2023, India and