India’s digital payment system enters Greece as Piyush Goyal pushes stronger trade, investment and fintech cooperation during his Athens visit.
Highlights:
- UPI services launched in Greece through Eurobank-NIPL partnership.
- Indian users can make instant, secure and low-cost digital payments.
- Piyush Goyal says global UPI adoption reflects PM Modi’s technology vision.
- India and Greece discuss cooperation in infrastructure, defence, digital innovation and agriculture.
- Business Summit reinforces commitment to deeper bilateral trade and investment.
India’s flagship digital payment platform, UPI, has expanded its global footprint with its official launch in Greece, marking another significant milestone in the country’s digital payments journey. The launch was witnessed by Union Commerce and Industry Minister Piyush Goyal during his visit to Athens, where he also held a series of meetings aimed at strengthening India-Greece economic ties.
The service has been introduced through a partnership between Eurobank and NIPL (NPCI International Payments Limited), allowing eligible customers to make instant, secure and seamless digital payments. The move is expected to reduce transaction costs significantly compared to traditional international money transfer methods, making payments more convenient for Indian travellers and businesses.
Speaking at the launch, Goyal said the growing international acceptance of UPI reflects the confidence in Prime Minister Narendra Modi’s vision of building technology-driven public digital infrastructure that benefits people beyond India’s borders. He added that India’s digital innovations are becoming an important tool for strengthening global partnerships and promoting inclusive economic growth.
Apart from the UPI launch, Goyal’s visit focused on expanding trade, investment and business cooperation between India and Greece. He met the leadership of Eurobank and discussed opportunities in financial services and investments.
The Indian delegation also participated in the India-Greece Business Council Meeting and Business Forum, where government officials and industry leaders explored collaboration in key sectors such as energy, ports, logistics, shipbuilding, warehousing, gems and jewellery, digital innovation, defence, food processing and agriculture.
Sector-specific roundtable discussions helped businesses from both countries identify new opportunities for partnerships and investment. The visit concluded with the India-Greece Business Summit, where ministers and business leaders from both nations reaffirmed their commitment to boosting bilateral trade, encouraging innovation and creating long-term economic partnerships.
With Greece becoming the latest country to support UPI, India’s homegrown digital payments network continues to strengthen its international presence, making cross-border transactions easier while enhancing the country’s reputation as a global leader in digital public infrastructure.
