HomeBreakingIndia's UPI Digital Currency Payment System is Launched in Sri Lanka

    India’s UPI Digital Currency Payment System is Launched in Sri Lanka

    India’s digital payment connectivity with Sri Lanka and Mauritius has been launched today.

    Accordingly, the introduction of the system of making payments through the Unified Payment Interface (UPI) through the digital method through the QR code has been officially introduced in Sri Lanka for Indian tourists visiting Sri Lanka.

    The official occasion of this introduction through the online system was presided over by Indian Prime Minister Narendra Modi, President Ranil Wickremesinghe and the Prime Minister of Mauritius. This digital payment system was also introduced to the state of Mauritius at the same time.

    NPCI International Payments Limited and Sri Lanka’s LankaPay Private Limited jointly run this program.

    Simultaneously, the implementation of this payment method in 10,000 stores is being done with the aim of expanding this program rapidly.

    Further expanding this facility, the number of these stores is to be increased to 65,000 by March 2024.

    A group of Finance Ministry officials including Governors of the Central Bank of Sri Lanka and Mauritius also participated in this event.

    Below is the time when the program was held.

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