August 21, 2023
2 mins read

German minister “fascinated” by India’s UPI payment model

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…reports Asian Lite News

German Embassy in India on Sunday hailed India’s digital infrastructure, calling it one of the country’s success stories. The high praise for India’s digital payment model came after Germany’s Federal Minister for Digital and Transport, Volker Wissing, used UPI to make a payment in India and was “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!”

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.

Addressing the Indian community in Paris during his recent France visit, PM Modi said, “Be it India’s UPI or other digital platforms, they have brought a huge social transformation in the country and I am happy that India and France are also working together in direction. India and France have agreed to use UPI in France. I will leave after the agreement. However, it is your job to move forward. Friends, in the coming days its beginning will be made from Eiffel Tower which means that Indian tourists will now be able to make payments in Rupees, through UPI, at Eiffel Tower.” (ANI)

ALSO READ-Israel, Germany in $3.5B arrow-3 missile deal

Previous Story

Saudi, India boost digital economy ties

Next Story

Indonesia seeks to emulate India’s healthcare model

Latest from -Top News

Pakistan reverses support for Trump’s Gaza peace plan

Pakistan retracts support for Trump’s Gaza peace plan, citing differences with Muslim nations’ draft; move reflects domestic sensitivities and regional alignment amid ongoing Middle East conflict diplomacy. In a surprising shift, Pakistan’s

Hamas agrees to release all hostages

Hamas agrees to release all Israeli hostages under Trump’s 20-point Gaza peace plan, backed by global powers and the UN, paving the way for regional stability. Hamas has formally agreed to release

Qatar now under US shield

Trump offers Qatar an unprecedented security guarantee, pledging US military protection amid Israeli strike and Gaza peace negotiations, reinforcing Qatar’s role in regional diplomacy. In an extraordinary move, the United States has

UAE condemns Manchester attack

UAE condemns Manchester synagogue attack; UK deploys extra police, PM Starmer vows protection for Jewish communities while emergency services respond to a shocking Yom Kippur tragedy. The United Arab Emirates has strongly
Go toTop

Don't Miss

Boland-inspired Australia retain Ashes

The victory ensures Australia stay at the top of the

India, Japan to hold 2+2 Dialogue in Tokyo

The Japanese side will be represented by the Minister of