WATCH | German Minister overwhelmed with Indian UPI payment experience
Unified Payments Interface (UPI) is India’s mobile-based fast payment system, which facilitates customers to make round-the-clock payments instantly, using a Virtual Payment Address (VPA) created by the customer.
NewsBharati 21-Aug-2023 12:37:53 PM
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New Delhi, Aug 21: In a recent video that is making several rounds on social media, the German Federal Minister for Digital and Transport Volker Wissing, was seen using UPI to make a payment in India and was thus, 'very fascinated' by the experience.
In the pictures and video posted by Germany Embassy in India on X, Wissing can be seen using the Unified Payments Interface (UPI) to make a payment to a vegetable seller. Taking to X, formerly known as Twitter, German Embassy in India stated,
“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!”
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
On August 19, Wissing attended the G20 Digital Ministers Meeting in Bengaluru. On August 18, Wissing arrived in Bengaluru to participate in G20 Digital Ministers Meeting. In a post on X, German Embassy in India stated, "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."
Notably, Unified Payments Interface (UPI) is India’s mobile-based fast payment system, which facilitates customers to make round-the-clock payments instantly, using a Virtual Payment Address (VPA) created by the customer. So far, Sri Lanka, France, UAE, and Singapore have partnered with India on emerging fintech and payment solutions. Earlier in July, Prime Minister Narendra Modi announced that India and France have agreed to use Unified Payments Interface (UPI) payment mechanism.