Nevertheless, earlier than the President of Spain, the title of French President Emmanuel Macron involves the fore for utilizing UPI. The President of France began this development by making UPI cost on the event of Republic Day in India in January this yr.
Only a week after Macron’s go to, UPI was formally launched on the iconic Eiffel Tower in Paris. This go to of Sanchez occurred throughout Diwali in India. On this event he participated in conventional festivities together with his spouse Begona Gomez.
India is making waves on the planet of digital funds. PM of #Spain Pedro Sanchez makes use of #UPI transaction to purchase a Ganesh statue in #Mumbai#DiwaliCelebrations pic.twitter.com/9CSBzZrMxe
— Amitabh Sinha (@amitabhnews18) October 29, 2024
The Spanish first couple lit lamps and lit pencil sparklers together with Indian locals. Aside from this, in addition they tasted laddus and different widespread Indian sweets. Exterior Affairs Ministry spokesperson Randhir Jaiswal posted on social media platform X and knowledgeable about using UPI by Pedro Sanchez.
“Expertise India’s digital revolution first-hand. President Sanchez made funds via Unified Funds Interface (UPI) in Mumbai, with real-time transactions,” he wrote within the submit.
UPI was launched by the Nationwide Funds Company of India (NPCI) in 2016. UPI is regulated by RBI. This can be a smartphone based mostly cost system. Customers utilizing smartphones with UPI apps can do on-line transactions via cellphone quantity, QR code.
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