New Delhi: UPI in Greece has become a reality as India continues to expand its digital payment network across the world. Union Commerce and Industry Minister Piyush Goyal announced that India’s Unified Payments Interface (UPI) is now live in Greece, allowing eligible users to make instant, secure, and low-cost digital transactions. The move marks another important milestone in India’s global fintech journey and strengthens economic ties between India and Greece.
UPI Launches in Greece
The announcement was made during Union Minister Piyush Goyal’s visit to Athens, where he witnessed a live demonstration of the partnership between Eurobank and NPCI International Payments Limited (NIPL).
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The new service allows eligible customers to transfer money quickly, securely, and at much lower costs than traditional international money transfer methods.
UPI in Greece: What Piyush Goyal Said
Piyush Goyal said the launch of UPI in Greece is another major step in expanding India’s digital payments ecosystem worldwide. He added that the growing acceptance of UPI reflects global trust in India’s technology-driven payment solutions.
According to the minister, the initiative will strengthen India-Greece economic relations while making cross-border payments easier for users.
UPI in Greece: India-Greece Partnership Gets Stronger
During his visit, Goyal also met Eurobank CEO Fokion Karavias and discussed ways to increase trade, investment, manufacturing, and infrastructure cooperation between India and Greece.
The discussions focused on encouraging more Greek businesses to invest in India while exploring new opportunities for collaboration between companies in both countries.
What is the Importance of UPI in Greece
UPI has transformed digital payments in India by enabling instant bank-to-bank transfers through mobile apps. Its expansion to Greece offers several benefits:
- Faster international money transfers.
- Lower transaction costs.
- Secure digital payments.
- Greater convenience for Indian travellers, businesses, and eligible users abroad.
- Stronger global presence for India’s Digital Public Infrastructure (DPI).
UPI’s Growing Global Presence
With Greece joining the network, UPI is now available in multiple international markets, including Singapore, UAE, France, Mauritius, Nepal, Bhutan, Qatar, Sri Lanka, Cambodia, and Greece.
The expansion highlights India’s efforts to make digital payments more accessible across borders while promoting its fintech innovations globally.
Read also: RBI Allows NPCI to Enhance UPI Transaction Limits for Person-to-Merchant Payments
