Commerce and Industry Minister Piyush Goyal on Tuesday announced the launch of the Unified Payments Interface (UPI) in Greece, describing it as another milestone in the global expansion of India's digital payments ecosystem.
This comes weeks after India launched UPI at Galeries Lafayette, a famous department store in Nice, France.
In 2024, UPI was launched at the Eiffel Tower in Paris.
With UPI now live in Greece, eligible customers can transfer money instantly, securely, and seamlessly, with transaction costs reducing drastically to a fraction of conventional transfer costs, Goyal said in a social media post.
The minister is in Athens, Greece for an official visit.
"Delighted to witness the live demonstration of the Eurobank-NIPL partnership enabling UPI services at Eurobank headquarters in Athens, alongside its CEO, Mr.Fokion Karavias, and CEO of Fairfax Digital Services, Mr.Sanjay Tugnait, marking another important milestone in the global expansion of India's digital payment ecosystem," he said.
He added that the increasing global acceptance and appreciation of UPI reflects the trust in India for building technology-led solutions that create value beyond borders and deepen partnerships for shared growth and prosperity.
UPI is now accepted in ten countries namely Greece, Singapore, the United Arab Emirates, France, Mauritius, Nepal, Bhutan, Qatar, Sri Lanka and Cambodia - enabling Indian travellers to make seamless payments abroad through familiar platforms.
(With inputs from PTI)