The German embassy made a post on X, formerly Twitter, about Wissing checking out the UPI.
By: Shubham Ghosh
INDIA’S digital infrastructure has made the headlines of late with a number of countries applauding its Unified Payments Interface (UPI) which is an indigenously built fast payment system which facilitates inter-bank peer-to-peer and person-to-merchant transaction facilities.
A number of nations, including Sri Lanka, France, United Arab Emirates and Singapore so far have partnered with the south Asian nation on emerging fintech and payment solutions. In February this year, India and Singapore inked a key agreement to link their respective payment systems. France has also taken a step towards embracing India’s UPI payment mechanism. Prime minister Narendra Modi said during his visit to Paris last month that India and France have agreed to use UPI in the European nation and it will kick off from the Eiffel Tower.
And now, the German embassy in New Delhi on Sunday (20) has praised India’s digital infrastructure and called it one of its success stories.
The applause came after Germany’s digital affairs and transport minister Volker Wissing used UPI to make payment after buying vegetables from a roadside vendor and was left “fascinated”.
The German embassy in India said on X, formerly Twitter, “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!”
The embassy also posted a video of Wissing checking out the UPI.
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! pic.twitter.com/I57P8snF0C
— German Embassy India (@GermanyinIndia) August 20, 2023
Wissing was in India to attend a G20 meeting in the southern city of Bengaluru on Saturday (19).
In another post on X, the German embassy said, “G20 Digital Ministers meeting in Bangalore is about to start. Minister @Wissing&our great host Minister @AshwiniVaishnaw have an insightful discussion on deepening Indo-German cooperation in IT and especially AI through our Digital Dialogue.”