Going on a trip to Europe? Making payments for European trips can soon become swifter and hassle-free. Digitalisation is bringing the world closer, and this time Europe is gearing up to receive UPI payments from Indian travellers. In other words, Indians visiting Europe can make payments using the UPIs connected to their Indian bank accounts.
To facilitate the same, NPCI International Payments Ltd. collaborated with Worldline, a France-based company specialising in digital transactions.
How Can Indians Make Payments For Their Trips To Europe Using UPI?
The National Payments Corporation of India (NPCI) launched the Unified Payments Interface or UPI to facilitate instant payments through mobile devices using apps like BHIM, Google Pay and Phone Pay. Now, the facility will debut in Europe by leveraging the QR-code mechanism of Worldline. Indians with activated UPI IDs visiting Europe can make payments using Point-of-Sale (PoS) systems at shops. PoS devices allow customers to pay for their goods and services.
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Indians Can Make Payments Using RuPay Cards Too
The UPI facility will be launched in only a few European countries first, namely Switzerland, Belgium, Luxembourg and Netherlands. But, gradually it will be rolled out to other nations as well. Also, the payments will take place in local currencies instead of INR and will incorporate currency conversion charges, as per reports. Apart from UPI apps, Worldline will also facilitate payments through RuPay debit and credit cards. These amenities are being offered by Worldline in an effort to increase Indian tourists’ spending on the continent.
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Other countries that accept UPI payments from Indians include Bhutan and Singapore. RuPay cards and UPI payments might soon make their debut in the Middle Eastern nation Oman too.
Feature Image Credits: Unsplash
First Published: October 14, 2022 12:10 PM