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UPI has been formally launched at Eiffel Tower in Paris, France

Published on February 03, 2024
Current Context: The Unified Payments Interface (UPI), a revolutionary payment system developed by the National Payments Corporation of India (NPCI), was formally launched at the iconic Eiffel Tower in Paris on 2nd February 2024.
UPI has been formally launched at Eiffel Tower in Paris, France
  • This significant event marks the global debut of UPI and is a part of Prime Minister Narendra Modi’s vision of taking UPI to a global level.
  • The launch was organized by the Indian Embassy in France and took place at a Republic Day reception.
  • The NPCI has tied up with French e-commerce and proximity payments Lyra, which will help ensure that the UPI payment mechanism is accepted in France, starting with the Eiffel Tower.
  • This initiative is expected to facilitate seamless financial transactions for Indian tourists in France.
  • At present, Indian tourists rank as the second largest group of international visitors to the Eiffel Tower.


Q.1 Which French company has NPCI tied up with for the UPI payment mechanism?
a. BNP Paribas
b. Crédit Agricole
c. Lyra
d. Société Générale

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