ATHENS: Commerce and Industry Minister Piyush Goyal on Tuesday said that with unified payments interface (UPI) now live in Greece, eligible customers can transfer money instantly, securely, and seamlessly, with transaction costs reducing drastically to a fraction of conventional transfer costs.
The increasing global acceptance and appreciation of UPI “reflects the trust in Prime Minister Narendra Modi’s vision of building technology-led solutions that create value beyond borders and deepen partnerships for shared growth and prosperity,” the minister posted on X. During his Greece visit, the minister met Eurobank CEO Fokion Karavias and had a fruitful discussion on expanding the India-Greece economic partnership.
“Encouraged Greek businesses to invest in India and explored avenues for collaboration in manufacturing and infrastructure development in Greece, advancing our shared vision for growth and prosperity,” said Goyal.
The minister witnessed the live demonstration of the Eurobank-NIPL partnership, enabling UPI services at Eurobank headquarters in Athens, alongside its CEO Karavias, and CEO of Fairfax Digital Services, Sanjay Tugnait, marking another important milestone in the global expansion of India’s digital payment ecosystem. He earlier addressed the India-Greece Business Forum alongside Harry Theoharis, Deputy Foreign Minister of Greece. “I also had the opportunity to interact with members of the Indian diaspora community attending the event,” said Goyal. (IANS)
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