ECONOMY

German minister ‘fascinated’ as he buys veggies from roadside vendor using UPI

UPI: Germany’s Federal Minister for Digital and Transport, Volker Wissing, had the opportunity to personally witness the ease of UPI (Unified Payments Interface) payments and was quite intrigued by the experience. The German Embassy in India took to X (formerly known as Twitter) to commend India’s digital infrastructure, hailing it as one of the nation’s success stories.

The German embassy in India shared videos and pictures of Mr Wissing purchasing groceries and utilizing UPI for making payments. The accompanying caption read, “An exemplar of India’s accomplishments is its digital infrastructure. UPI empowers everyone to conduct transactions within seconds. Countless Indians utilize this system. Federal Minister for Digital and Transport @Wissing encountered the simplicity of UPI payments firsthand and found it extremely fascinating!”

See post here:

 


Volker Wissing visited India to attend the G20 summit. Wissing attended the G20 Digital Ministers Meeting in Bengaluru on August 19. In a post on X, the German Embassy in India stated, “G20 Digital Ministers meeting in Bangalore is about to start. Minister @Wissing&our great host Minister @AshwiniVaishnaw have an insightful discussion on deepening Indo-German cooperation in IT and especially AI through our Digital Dialogue.”

The Unified Payments Interface (UPI) is a mobile-based fast payment system invented in India. It facilitates customers to make round-the-clock payments instantly. So far, Sri Lanka, France, UAE, and Singapore have partnered with India on emerging fintech and payment solutions. India and Singapore signed a groundbreaking agreement in February 2023 to link their respective payment systems. France too took a significant step towards embracing India’s Unified Payments Interface (UPI) payment mechanism. An agreement was reached between India and France to enable the use of UPI for transactions, starting from the iconic and popular tourist destination, the Eiffel Tower.

ALSO READ: 10 reasons why OTT is increasingly becoming the top choice of entertainment

Share:
admin

Recent Posts

Winter Skin and Hair Care Essentials by Adonis

India’s No.1 Dead Sea Minerals Skin & Hair Care Brand Read More

3 days ago

How to Build a Healthy Work-Life Balance

Discover practical tips on how to build a healthy work-life balance. Improve productivity, reduce stress,… Read More

3 weeks ago

How IGF India’s Sanjeevani Scholarships Are Bridging the Education Gap for Vulnerable Children Post COVID

Sundeep Talwar, CEO and Founder of IGF India, explains how the Sanjeevani scholarship program supports… Read More

3 weeks ago

Career Options After Graduation in India

Explore the best career options after graduation in India. From higher studies to jobs and… Read More

3 weeks ago

Signs You Are Experiencing Burnout

Learn the early signs of burnout, how it affects your mental and physical health, and… Read More

3 weeks ago

Early Signs of Vitamin D Deficiency You Should Not Ignore

Learn the early signs of vitamin D deficiency in adults and children. Discover symptoms, health… Read More

3 weeks ago