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

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.

• 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.

Question:

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