PM Modi explains UPI digital payments system to French President Macron

Prime Minister Narendra Modi explained the Unified Payments Interface (UPI) digital payments system to French President Emmanuel Macron as the two leaders visited a local shop during their visit to Hawa Mahal in Jaipur.

Notably, UPI is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing, and merchant payments into one hood. It allows users to transfer money through their mobile device round the clock.