German minister happy to see India's UPI system, know what he said in praise - Newztezz Online


Sunday, August 20, 2023

German minister happy to see India's UPI system, know what he said in praise

The German Embassy in India has praised the UPI system. German minister Volker Wissing has paid the vegetable seller using UPI. He is currently on a tour of India to attend the G20 meeting.

The German Embassy in India on Sunday praised India's digital infrastructure and described it as one of the country's success stories. In fact, Germany's Federal Digital and Transport Minister Volker Wissing used UPI to do transactions in India and he became convinced of this system. In this regard, the German Embassy in India shared a video and some pictures on X (Twitter), in which Wissing can be seen using the UPI key.

The German Embassy tweeted, one of India's success stories is digital infrastructure. UPI enables everyone to transact in seconds. Millions of Indians use it. Federal Minister for Digital and Transport Volker Wiesing experienced firsthand the simplicity of UPI payments and was thrilled. The embassy also posted a video on behalf of the minister examining the UPI.

Volker Wiesing is in India to participate in the G20 Summit. He participated in the G20 Digital Ministers meeting in Bengaluru on 19 August. Meanwhile, the German Embassy wrote on Twitter that the G20 Digital Ministers' meeting is about to begin in Bengaluru. Minister Wissing and host Minister Ashwini Vaishnav had an insightful discussion on deepening Indo-German cooperation in IT and AI in particular through our digital dialogue.

These countries adopted India's UPI

Unified Payments Interface (UPI) is a mobile-based fast payment system invented in India. It allows customers to make instant payments round the clock. So far Sri Lanka, France, UAE and Singapore have partnered with India on emerging fintech and payment solutions. India and Singapore signed an unprecedented agreement in February 2023 to link their payment systems. France has also taken an important step towards adopting India's Unified Payment Interface payment mechanism.

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