Foreign delegates who came to India ahead of the G20 meeting praised the effort and reported having a “great” experience utilising the Unified Payments Interface technology after having the chance to do so. “I have been using the G20 UPI application…has been great,” one of the participants stated. I may carry out my initial transactions. midday on Monday. made a purchase at a few little shops; we actually bought soda, candy, and medicine, and it was great. Using the UPI network has been a truly wonderful experience for me as someone who is from overseas.
Another participant said, “I’ve never used the UPI network before. I’ve traveled to India a few times, but I’ve always been restricted to using cash and credit cards.
The government highlighted the nation’s digital public goods and its ‘Digital India’ project in light of India’s G20 Presidency. In support of this, the central government provided about 1,000 international delegates attending the event with hands-on demonstrations. These demonstrations highlighted the UPI wallet technology and showed how simple it is to make payments utilising this domestic option.
Also read: Arvind Kejriwal’s Perspective On ‘Renaming’ Controversy: ‘If We Call It Alliance Bharat…’
“Foreign delegates or participants will be given ₹500-1,000 in their UPI wallets for doing UPI transactions,” a government official said adding it has earmarked around ₹10 lakhs for it.
UPI payment system has become hugely popular for retail digital payments in the country and its adoption is increasing at a rapid pace.
Also read: Arvind Kejriwal’s Perspective On ‘Renaming’ Controversy: ‘If We Call It Alliance Bharat…’
The Unified Payments Interface (UPI) transactions crossed the 10 billion mark in the month of August. The National Payments Corporation of India (NPCI) posted on X earlier, “Drumroll please! UPI has just shattered records with an astonishing 10 billion-plus transactions. Join us in celebrating this incredible milestone and the power of digital payments. Let’s keep the momentum going and continue to revolutionize the way we make transactions with UPI! “
Rahul Gandhi's opinion piece appeared in a national daily and sparked political uproar. Opposition parties…
In 2022–23, poverty under the revised $3.00 line stood at just 5.25 per cent in…
Five Maoists were killed in two separate encounters with security forces in Chhattisgarh’s Bijapur district,…
Canadian Prime Minister Mark Carney said the most populous country, with the fifth-largest economy, must…
The Reserve Bank of India (RBI) has frontloaded its rate cuts to support economic growth,…
PM Narendra Modi on Saturday called for urgent global action to build infrastructure that can…