back Back

UPI in France: Indian tourists can now make payments in Rupees

By Gloria Methri

February 02, 2024

  • Cross Border Payments
  • E-commerce Payments
  • Europe

NPCI, Bhim, UPI, UPI in France, UPI Payments, Europe, FinTech, FranceIndia’s unified payments interface (UPI) has now gone live in France, the National Payments Corporation of India announced on February 2nd.

NPCI International Payments Limited (NIPL) in partnership with Lyra, a French leader in securing e-commerce and proximity payments, has announced the acceptance of the UPI payment mechanism in France starting with the iconic Eiffel Tower.

Indian tourists can now book their visit to the Eiffel Tower by purchasing tickets online using UPI — making the transaction process quick, easy, and hassle-free.

This announcement is of particular significance as Indian tourists rank the second largest group of international visitors to the Eiffel Tower. Indian tourists can make secure online transactions by simply using their UPI-powered apps to scan the QR code generated on the merchant website and initiate a payment.

Acceptance of UPI in France not only provides Indian tourists with a seamless payment option but also opens up numerous opportunities for merchants across France and Europe operating in the tourism and retail sectors. While the Eiffel Tower is the first merchant to offer UPI payments in France, this service will soon be extended to other merchants in the tourism and retail space.

This will make it significantly easier for touring Indians to remotely book hotels, museum visits, etc. for their stay in France.

Ritesh Shukla, CEO of NIPL, said, “At NIPL, our ambition is to enable acceptance of NPCI’s payment solutions in international markets and create a truly interoperable global payment system. We aim to actively collaborate with financial institutions worldwide to establish partnerships and provide consumers with convenient and secure cross-border payment solutions. Through this strategic partnership with Lyra, we have taken another step forward towards this goal.”

Christophe Mariette, Commercial Director of Lyra France, said, “It is a great pride to have
the trust of the Indian government and NIPL to launch UPI in Europe. We have been present
in India for 17 years, and this partnership confirms the strength of our collaboration with this
vast country. We also demonstrate our ability to stay ahead of market trends and strengthen
our ambition to offer all payment methods used worldwide. For the players in the French and
European tourism ecosystem, this partnership represents a major advancement and the
promise of new business opportunities to come.”

With over 380 million users, UPI as a payment method has significantly marked its presence
in India. In January 2024 alone, UPI recorded over 12.2 billion transactions, emphasizing its widespread adoption.

Previous Article

February 02, 2024

FinTech Focus: Catch latest developments of the week

Read More
Next Article

February 02, 2024

Triterras & Card Cutters to offer digital working capital to SMEs in UAE

Read More

IBSi Daily News Analysis

South East Asia

February 28, 2024

Cross Border Payments

FinTech penetration in Southeast Asia will double by 2027, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


Enfuce receives e-money licence to boost UK expansion

Read More


Mastercard & MTN Group Fintech to bolster mobile payment services in Africa

Read More


Zoho Corporation launches Zakya, a modern retail POS solution in India

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023