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:
One of India’s success story is digital infrastructure. UPI enables everybody to make transactions in seconds. Millions of Indians use it. Federal Minister for Digital and Transport @Wissing was able to experience the simplicity of UPI payments first hand and is very fascinated! pic.twitter.com/I57P8snF0C
— German Embassy India (@GermanyinIndia) August 20, 2023
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.