UPI, Rupay to soon work in France
NPCI has signed an MoU to make the services available in the country
Find out why
NPCI operates UPI and Rupay
Outside India, these work in UAE, Singapore, and Bhutan currently
Overseas access was recently initiated
What has happened?
NPCI has signed an MoU with France's Lyra Network
UPI and Rupay cards will soon work at France outlets
This is done largely for the ease of Indian immigrants
UPI, Rupay cards will work at France terminals, machines
This will give a boost to the 5.5 billion UPI monthly transactions
It will allow the push to use UPI in Nepal to become stronger
Market in numbers
Monthly UPI transactions: 5.5 billion
RuPay India market share: 60%
RuPay cards: 60 crores+
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