France Has Agreed to Use UPI for Payments in Rupees, Says PM Modi

UPI payments will be started from the Eiffel Tower, the Prime Minister said.

Advertisement
By Press Trust of India | Updated: 14 July 2023 10:49 IST
Highlights
  • In 2023, UPI and Singapore’s PayNow signed an agreement
  • It will allow users in either country to make cross-border transactions
  • NPCI international is in talks to extend the UPI services in the US

In 2022, NPCI signed an MoU with France's fast and secure online payment system, called Lyra

Photo Credit: Twitter/ @DFS

Prime Minister Narendra Modi on Thursday said that India and France have agreed to use Unified Payments Interface (UPI) in this European nation, opening a huge new market for Indian innovation.
Addressing the Indian community at the La Seine Musicale, a performing arts centre on an island in river Seine, Modi said very soon Indian tourists will be able to make rupee payments using UPI from atop the Eiffel Tower.

“In France, an agreement has been made for the use of India's UPI...It will be started from the Eiffel Tower, and now Indian tourists would be able to make payments in Rupees, through UPI, in the Eiffel Tower,” the prime minister said.

In 2022, the National Payments Corporation Of India (NPCI), the umbrella organisation that offers UPI services, signed an MoU with France's fast and secure online payment system, called Lyra.

Advertisement

In 2023, UPI and Singapore's PayNow signed an agreement, allowing users in either country to make cross-border transactions.

The UAE, Bhutan, and Nepal have already adopted the UPI payment system.

The NPCI international is in talks to extend the UPI services in the US, European countries, and West Asia.

Advertisement

Amid chants of ‘Modi, Modi' and ‘Bharat Mata ki Jai', Modi also said in a few weeks or months from now a statue of great Tamil philosopher Thiruvalluvar will be built in the Cergy Prefecture.

Modi said France has decided to grant long-term five-year visas for students pursuing a master's degree in France.

Advertisement

The Prime Minister also appealed to the Indian community to invest in a big way in India as it makes rapid strides to emerge as a developed nation.

“Today every rating agency is saying that India is a bright spot. You invest in India now. This is the opportune time. Those who invest early will reap benefits,” Modi said.

Advertisement

Modi also recalled a personal connection with France dating back to at least four decades when he had become the first member of Alliance Francaise Centre in Ahmedabad way back in 1981.

“My attachment to France is quite old, and I can never forget it. Around 40 years ago, a cultural centre of France was started in Ahmedabad, Gujarat, and the first member of that very centre is today talking to you,” the prime minister said.

Modi said India is the mother of democracy and the mother of diversity.

“This is our greatest strength. In India, there are more than 100 languages, 1,000 dialects. More than 32,000 newspapers get published every day in these languages,” the prime minister said. 


Will the Nothing Phone 2 serve as the successor to the Phone 1, or will the two co-exist? We discuss the company's recently launched handset and more on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Affiliate links may be automatically generated - see our ethics statement for details.
 

Catch the latest from the Consumer Electronics Show on Gadgets 360, at our CES 2026 hub.

Further reading: UPI, NPCI, PayNow
Advertisement

Related Stories

Popular Mobile Brands
  1. Here's When the Realme P4 Power 5G Will Launch in India
  2. Bindiya Ke Bahubali Season 2 OTT Release Date: Know Everyting About Cast, Plot, and Mo
  3. Redmi Note 15 Pro Series Might Launch in India With These Storage Options
  4. OnePlus 16 May Launch With These Display, Battery and Camera Upgrades
  5. Oppo A6 5G Launched in India With 7,000mAh Battery at This Price
  6. Adobe Brings New Capabilities to Premiere Pro and After Effects
  7. Google Pixel 10a Leak Suggests No Price Hike Over Pixel 9a
  8. New Dark Matter Simulation Could Change How Galaxies Are Thought to Evolve
  1. Scientists Find Clue to High-Temperature Superconductivity in Quantum Materials
  2. New Dark Matter Simulation Could Change How Galaxies Are Thought to Evolve
  3. SpaceX Adds 29 More Starlink Satellites in Rapid Falcon 9 Launch From Florida
  4. Sony to Cede Control of Bravia TVs to China’s TCL Electronics
  5. Adobe Premiere Integrated With AI-Powered Firefly Platform; New After Effects Features Rolling Out
  6. Samsung Upgrades Bixby With Perplexity-Powered AI Features, Takes Page Out of Apple’s Playbook
  7. Google Reportedly Working On New Live Features and Agentic Mode for Gemini Assistant
  8. Redmi Note 15 Pro+, Redmi Note 15 Pro RAM and Storage Options, Key Specifications Leaked Ahead of India Launch
  9. Eddington Arrives on OTT: What You Need to Know About Joaquin Phoenix and Pedro Pascal Starrer Thriller
  10. Red Magic 11 Air Launched With Snapdragon 8 Elite, RedCore R4 Gaming Chip and 7,000mAh Battery
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.