logo
logo
  • Home
  • About Tripura
    • Tripura
    • Governon
    • Chief Minister
    • Council of Ministers
  • Tripura
  • National
  • International
  • Lifestyle
  • Spotlight
  • Sports
  • Jobs/Tender
  • Photo Album

German Minister feels fascinated after making UPI payment in Delhi vegetable shop, embassy shares video

By IBNS
Aug 21, 2023..

Germany's federal minister for digital and transport Volker Wissing on Sunday got a first-hand experience of using the Unified Payments Interface (UPI) to make payment in a vegetable shop in New Delhi.


The German Embassy in India shared the video where he could be seen using the UPI mode of payment and wrote on X: "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!"

What is Unified Payments Interface (UPI)

Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood, as per the website of National Payments Corporation of India.

With the above context in mind, NPCI conducted a pilot launch with 21 member banks. The pilot launch was on 11th April 2016 by Dr. Raghuram G Rajan, former Governor, RBI at Mumbai.

Banks have started to upload their UPI-enabled Apps on Google Play store from 25th August, 2016 onwards.

Sri Lanka, France, UAE, and Singapore have so far partnered with India on emerging fintech and payment solutions.
 

Leave a Reply
Post comment
Related News
India issues fresh advisory to its nationals in Israel amid conflict with Iran
Jun 15, 2025..
India gifts 40 ambulances to Nepal
Jun 15, 2025..
Indian diaspora welcomes Modi's upcoming Canada visit to attend G7 Summit
Jun 15, 2025..
India, Canada ink intelligence pact to fight crime and terrorism
Jun 15, 2025..
US denies inviting Pakistan Army Chief to military parade amid row in India
Jun 15, 2025..
Newsletter

Subscribe For Northeast Herald News And Receive Daily Updates

logo

Northeast Herald starts its journey from Tripura state capital city Agartala to cover the entire Northeast region of India for the latest news, news photos, and the latest photos to promote the great cultural, historical and traditional identity of the region.

  • Twitter Icon
  • About Tripura
  • About Northeast
  • National News
  • Tripura News
  • International
  • Entertainment
  • Spot Light
  • Article Us
  • Health
  • Lifestyle
  • Top News
  • Sports
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookies Policy
  • Code of Ethic
  • Site Map
  • Rss Feeds

Copyright © Northeast Herald. All Rights Reserved