Tag: Mauritius

  • Mauritius and Sri Lanka connected with UPI

    Mauritius and Sri Lanka connected with UPI

    Mauritius and Sri Lanka are now digitally connected with India. You can now receive or send Rupees through your UPI app in Mauritius and Sri Lanka. Furthermore, the Rupay Card will now be considered a domestic card in Mauritius.

    UPI services in Mauritius and Sri Lanka

    Mauritius Prime Minister, Sri Lankan President and Modi Inagurated.

    PM Modi, the Prime Minister of Mauritius and the Sri Lankan President jointly inaugurated UPI services. During a recent event, the Prime Minister addressed how today marks a special day for India, Sri Lanka, and Mauritius. He highlighted the importance of the historic connections between these nations taking the form of modern digital connections. Furthermore, this is a testament to the government’s commitment to the development of its people.

    The Prime Minister also emphasized that fintech connectivity will further strengthen cross-border transactions and partnerships. He specifically mentioned that India’s United Payments Interface (UPI) will play an important role in connecting partners with India.

    The Prime Minister highlighted the revolutionary impact of digital public infrastructure in India. Even the smallest of vendors in remote villages are now able to transact via UPI and make digital payments. The Prime Minister also spoke about the convenience and speed of UPI transactions. Last year, over 100 billion transactions worth Rs 2 lakh crores (equivalent to 8 trillion Sri Lankan rupees or 1 trillion Mauritius rupees) were conducted through UPI.

    Earn money online

    Furthermore, the Prime Minister mentioned the GEM Trinity of bank accounts, Aadhar and mobile phones, which has enabled the transfer of Rs 34 lakh crores (equivalent to 400 billion US dollars) into the bank accounts of beneficiaries. The Prime Minister also lauded the use of technology in promoting transparency, reducing corruption and increasing inclusivity in society, citing the success of the CoWin platform in facilitating the world’s biggest vaccination programme.

    This will grow tourism

    Top Ten Islands of India

    The Prime Minister emphasized that India’s foreign policy is ‘Neighborhood First’. Our maritime vision is SAGAR – Security and Growth for All in the Region. India sees its development as interlinked with its neighbours.

    The Prime Minister expressed confidence that Sri Lanka and Mauritius will benefit from their connection with UPI. With digital transformation they will receive a boost, their local economies will witness positive change, and their tourism will be promoted.

    “I am confident that Indian tourists will prioritize destinations with UPI. People of Indian origin living in Sri Lanka and Mauritius, as well as students studying there, will also receive special benefits,” added the Prime Minister.

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