Indian Prime Minister Narendra Modi is all set to launch the country’s premium Unified Payment Interface (UPI) services in neighbouring Sri Lanka and Mauritius on Monday (February 12). The ceremony is scheduled to take place at 1pm IST where the Indian leader will connect virtually with President of Sri Lanka Ranil Wickremesinghe and Prime Minister of Mauritius Pravind Jugnauth.
In a statement released on Sunday, India’s Ministry of External Affairs (MEA) said, “Given India’s robust cultural and people-to-people linkages with Sri Lanka and Mauritius, the launch will benefit a wide cross-section of people through a faster and seamless digital transaction experience and enhance digital connectivity between the countries.” The ceremony will also mark the launch of RuPay card services in Mauritius.
“The extension of RuPay card services in Mauritius will enable Mauritian banks to issue cards based on RuPay mechanism in Mauritius and facilitate usage of RuPay Card for settlements both in India and Mauritius,” the MEA said. Earlier, top Sri Lankan ministers talked to WION and said the move was vital to revive Sri Lanka’s tourism sector.