Paris Welcomes UPI: After Eiffel Tower, Galeries Lafayette To Accept Indian Mobile Payments

Explore UPI's global reach and its role in facilitating convenient transactions.

by Mallika Khurana
Paris Welcomes UPI: After Eiffel Tower, Galeries Lafayette To Accept Indian Mobile Payments

Imagine strolling through the iconic Galeries Lafayette on Haussmann Boulevard, not just admiring haute couture but also seamlessly making payments with an app familiar to millions of Indians. This is the bold new world of UPI, India’s Unified Payments Interface, now making waves far beyond its homeland and finding its place amidst the elegance of Parisian shopping culture. The Unified Payments Interface (UPI), originally launched in India in 2016 by the National Payments Corporation of India (NPCI), has made a significant international stride with its introduction at Galeries Lafayette on Haussmann Boulevard in Paris.

UPI Makes Landmark Debut At Galeries Lafayette

galeries
Photo Credits: Canva

UPI is an instant, real-time payment system that allows users to transfer money between bank accounts via mobile phones. It has revolutionised digital payments in India by offering a simple, secure, and efficient method for transactions.

The integration of UPI at Galeries Lafayette means that Indian visitors, as well as others familiar with the platform, can now make payments using their UPI-enabled apps directly at the store, according to Business Standard. This includes purchases ranging from retail items to luxury goods, catering specifically to the increasing number of Indian tourists expected during the Paris Olympics in 2024.

Visitors can use their familiar UPI apps to make payments, eliminating the need for currency exchange or international payment methods. By being accepted at a prestigious international location like Galeries Lafayette, UPI gains global recognition and reinforces India’s position as a leader in digital payments technology.

Also Read: 6 Destinations For Indian Travellers With A Japanese Visa To Explore Visa-Free

Bridging Cultures Through Digital Finance

lafayette
Photo Credits: Canva

With Paris preparing for a surge in Indian visitors during the Olympics, UPI’s acceptance simplifies transactions, enhancing the overall tourist experience. This launch follows successful implementations at other global landmarks like the Eiffel Tower, showcasing UPI’s adaptability and scalability on an international stage.

As per the Business Standard reports, Ambassador Jawed Ashraf highlighted UPI’s potential to evolve into a preferred method for cross-border remittances and digital payments worldwide. This move sets a precedent for future integrations in more international locations, further promoting UPI as a universal digital payment solution.

In conclusion, UPI’s integration at Galeries Lafayette represents a significant step towards globalising India’s digital payment ecosystem, enhancing convenience for visitors, and supporting the vision of seamless cross-border transactions.

Cover Image Courtesy: UPI Chalega/Website and Canva

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