India's Unified Payments Interface (UPI) has officially gone live in Greece, marking another major milestone in the global expansion of the country's digital payment ecosystem. Union Commerce and Industry Minister Piyush Goyal witnessed the launch of UPI services at the headquarters of Greece's Eurobank in Athens during his visit to the European nation.
The launch has been made possible through a partnership between the National Payments Corporation of India International Payments Limited (NIPL) and Eurobank. The collaboration enables eligible users to make instant, secure and seamless money transfers, significantly reducing transaction costs compared to traditional cross-border payment methods.
Sharing the development on social media, Piyush Goyal described the initiative as another important step in taking India's digital public infrastructure to the world. He said the increasing global acceptance of UPI reflects confidence in India's technology-driven solutions and strengthens international partnerships for shared growth and prosperity.
During his visit, the minister also met Eurobank Chief Executive Officer Fokion Karavias and Fairfax Digital Services CEO Sanjay Tugnait. The discussions focused on deepening India-Greece economic ties, encouraging Greek investments in India and exploring cooperation in sectors such as manufacturing, infrastructure and financial technology.
The launch is expected to benefit Indian tourists, students, professionals and businesses in Greece by providing a convenient and low-cost digital payment option. It also strengthens India's ambition of creating cross-border digital payment corridors and promoting its fintech innovations globally.
With Greece joining the network, UPI is now available in ten countries, including the United Arab Emirates, Singapore, France, Mauritius, Nepal, Bhutan, Qatar, Sri Lanka and Cambodia. The rapid international expansion of UPI highlights India's growing influence in the global digital payments landscape and its emergence as a leader in financial technology innovation.
