UPI Services Launch in Sri Lanka, Mauritius: Details

India's Unified Payments Interface (UPI) services were rolled out in Sri Lanka and Mauritius on Monday, with Prime Minister Narendra Modi describing it as bridging historic ties with modern digital technology.

India's RuPay card services were also launched in Mauritius at a virtual ceremony attended by Prime Minister Modi, his Mauritian counterpart Pravind Junaut and Sri Lankan President Ranil Wickremesinghe.

In his remarks, Modi hoped the new fintech services would help the two nations, saying UPI was taking on “a new responsibility to bring together partners with India.”

“Today is a special day for the three friendly countries of the Indian Ocean region as we bridge our historic ties with modern digital technology,” he said.

“I believe Sri Lanka and Mauritius will benefit from the UPI system,” Modi said.

The Prime Minister said that digital public infrastructure has revolutionized India. He also highlighted India's focus on its “neighbourhood first policy”.

“Be it a natural disaster, health-related, economic or supporting on the international stage, India has been the first responder and will continue to be,” he said.

The launch of Indian services to Sri Lanka and Mauritius comes amid New Delhi's increased bilateral economic ties with the two countries.

The move makes UPI settlement services available to Indian citizens traveling to Sri Lanka and Mauritius as well as Mauritian citizens traveling to India.

Developed by the National Payments Corporation of India (NPCI), UPI is an instant real-time payment system that facilitates inter-bank transactions through mobile phones. RuPay is a global card payment network from India with wide acceptance in stores, ATMs and online.

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