UPI Goes Live in Greece
India's Unified Payments Interface (UPI) has expanded to Greece, enabling eligible customers to transfer money at transaction costs significantly lower than conventional international transfers, Union Commerce Minister Piyush Goyal announced on June 30, 2026.
Goyal witnessed a live demonstration of the Eurobank-NPCI International Payments Ltd (NIPL) partnership enabling UPI services at Eurobank headquarters in Athens. He described the development as another milestone in the global expansion of India's digital payments ecosystem.
Live Demonstration at Eurobank Headquarters
"Delighted to witness the live demonstration of the Eurobank-NIPL partnership enabling UPI services at Eurobank headquarters in Athens, alongside its CEO, Mr. Fokion Karavias, and CEO of Fairfax Digital Services, Mr. Sanjay Tugnait, marking another important milestone in the global expansion of India's digital payment ecosystem," Goyal posted on X.
He highlighted that with UPI now live in Greece, eligible customers can send money instantly, securely, and seamlessly, at transaction costs that are drastically reduced to a fraction of conventional cross-border transfer charges.
Praise for PM Modi's Vision
Goyal lauded Prime Minister Narendra Modi for the increasing global acceptance of UPI. He added that the rising adoption and appreciation of UPI reflects PM Modi's vision of building technology-led solutions that create value beyond borders and deepen partnerships for shared growth and prosperity.
"The increasing global acceptance and appreciation of UPI reflects the trust in PM @NarendraModi ji's vision of building technology-led solutions that create value beyond borders and deepen partnerships for shared growth and prosperity," he added.
Global Expansion of UPI
Earlier in 2026, the Indian government signed memorandums of understanding (MoUs) with 23 countries for cooperation on India Stack and Digital Public Infrastructure (DPI). UPI was already live in over eight countries, including the UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, Mauritius, and Qatar. Additionally, MoUs have been signed with Cuba, Kenya, the United Arab Emirates, and Lao People's Democratic Republic for Digilocker, according to a statement by the Ministry of Electronics & IT.
This expansion underscores India's push to internationalize its digital payment infrastructure, offering a low-cost alternative to traditional cross-border money transfer services.
