In this video, Abhi and Niyu explain how UPI is going international. Recently Prime Minister Modi was in France for Bastille day celebrations. He was invited by the French President Emanuel Macron. On this occasion PM Modi announced a very important partnership. Now UPI will work in France. Indian tourists will be able to pay via UPI in Eiffel tower. This will be a huge victory for NPCI and India to prove that our digital infrastructure can work seamlessly in the western world.
#UPI #Modi #abhiandniyu
Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India (NPCI) facilitating inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. The interface is regulated by the Reserve Bank of India (RBI) and works by instantly transferring funds between two bank accounts on a mobile platform.
UPI is a convenient and secure way to make payments, and it has become increasingly popular in India in recent years. In fact, UPI transactions now account for over 75% of all digital payments in India.
Here are some of the benefits of using UPI:
It is instant and real-time.
It is secure and encrypted.
It is convenient and easy to use.
It is available 24/7.
It is free to use for most transactions.
If you are looking for a convenient and secure way to make payments, then UPI is a great option. You can use UPI to transfer money to friends and family, pay for goods and services, and even recharge your mobile phone.
A video by Abhiraj Rajadhyaksha & Niyati Mavinkurve
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