NEW DELHI: PM Narendra Modi might be joined by his Mauritius counterpart Pravind Jugnauth and Sri Lankan President Ranil Wickremesinghe in witnessing the launch of Unified Payment Interface companies in Sri Lanka and Mauritius and in addition RuPay card companies in Mauritius, through video conferencing Monday.
The launch will allow availability of UPI settlement companies for Indian nationals travelling to Sri Lanka and Mauritius in addition to for Mauritian nationals travelling to India.The extension of RuPay card companies in Mauritius will allow Mauritian banks to problem playing cards primarily based on RuPay mechanism in Mauritius and facilitate utilization of RuPay card for settlements each in India and Mauritius, stated govt.
Ahead of the occasion, the ministry of exterior affairs stated in a press release that India has emerged as a frontrunner in fintech innovation and digital public infrastructure, with Modi putting a powerful emphasis on sharing India’s improvement experiences and innovation with companion international locations.