'UPI will be operational in Seychelles by year-end': MEA

During a briefing on PM Modi's Seychelles visit, Foreign Secretary Vikram Misri announced that the Unified Payments Interface (UPI) system will roll out by the end of 2026, marking a significant step in digital payment integration. This move is expected to boost financial inclusion and streamline cross-border transactions for both businesses and individuals, enhancing economic ties between India and Seychelles. The adoption of UPI reflects India's efforts to expand its digital payment infrastructure globally, potentially influencing other nations to adopt similar systems.