UPI in France: How it will work, all you need to know

India and France have signed an agreement allowing India’s Unified Payments Interface (UPI) to be used in the case of retail payments.

PM Narendra Modi announced the news after reaching France on his official visit, and with this latest development, France is the first country in Europe to allow it.

In June 2022, the international arm of the National Payments Corporation of India (NCPI) signed a memorandum of understanding (MoU) with France’s Lyra Network to accept UPI and RuPay there.