Sri Lankan Foreign minister Ali Sabry has said that India’s Unified Payments Interface (UPI) technology will be launched on 12th February.
Speaking to WION News diplomatic correspondent Sidhant Sibal in Perth, he said, “UPI payment gateway will be signed. And I think both our leaders will connect online” which will help increasing tourism.UPI is an instant real-time payment system developed by National Payments Corporation of India (NPCI). The interface facilitates inter-bank peer-to-peer and person-to-merchant transactionsThe minister is in Perth for the Indian Ocean conference. He also pointed to establishment of Indian IIT in his country.He said,’Delegation from Sri Lanka went to IIT Madras and they are discussing this possibility of establishing IIT campus in Sri Lanka’. (WION/NewsWire)
