PM Modi Introduces UPI Services During His Abu Dhabi Visit
Politics

PM Modi Introduces UPI Services During His Abu Dhabi Visit

PM Narendra Modi engaged in extensive discussions with UAE President Sheikh Mohamed bin Zayed Al Nahyan to enhance their strategic partnership. The talks encompassed various sectors, including trade, investment, digital infrastructure, fintech, energy, and culture.

An agreement was made to link UPI (India) and AANI (UAE) instant payment platforms, and RuPay (India) with JAYWAN (UAE) debit/credit cards, facilitating seamless cross-border transactions. PM Modi expressed gratitude for the UAE’s support in constructing the BAPS Temple in Abu Dhabi, a symbol of UAE-India friendship. Additionally, he emphasised the importance of cooperation between various sectors and expressed his gratitude for Sheikh Mohamed bin Zayed Al Nahyan’s cordial welcome.

S Jaishankar, Ajit Doval, and Vinay Kwatra were important members of the Indian delegation who added to the proceedings of the meeting. The recent launch of UPI services in Mauritius and Sri Lanka was welcomed by PM Modi, who emphasised the blending of old ties with new digital developments.

Notably, UPI payments are becoming more popular worldwide as several nations have adopted them, including France, the United Arab Emirates, Mauritius, Sri Lanka, Singapore, Bhutan, and Nepal. Additionally, the Indian government has been actively promoting UPI as a convenient and secure mode of digital transactions within the country.