Together with the Honorable Prime Minister of India, Shri Narendra Modi, and the His Excellency President of Sri Lanka, Mr. Ranil Wickremesinghe, the Honorable Prime Minister of Mauritius, Mr. Pravind Kumar Jugnauth, witnessed the virtual launch of the RuPay and Unified Payments Interface (UPI) linkage between Mauritius and India today. At the launch were also the governors of the Reserve Bank of India, Dr. P. Nandalal Weerasinghe, the Governor of the Central Bank of Sri Lanka, and Mr. Harvesh Kumar Seegolam, the Governor of the Bank of Mauritius.

Customers of partner institutions will be able to make safe and easy payments in both Mauritius and India thanks to this new payment infrastructure. Indians will be able to make UPI QR transactions at participating merchants in Mauritius, and RuPay cards created in Mauritius would be accepted at ATM and Point of Sale (POS) terminals in India.

Mr. Harvesh Kumar Seegolam, the Governor of the Bank of Mauritius, commented on this new payment option, saying "the launch of the RuPay and UPI linkage between Mauritius and India marks a significant milestone in our efforts to enhance financial connectivity and promote digital transactions. This collaboration will not only facilitate seamless and secure cost-effective payments for our customers but also strengthen the economic ties between our two nations."

The integration of RuPay and UPI is anticipated to enhance commerce and travel between Mauritius and India by offering a practical and effective payment option for both individuals and enterprises. Additionally, it will support Mauritius' development into a global hub for finance.

The Reserve Bank of India and the Bank of Mauritius have collaborated closely to guarantee the smooth execution of this payment infrastructure. The National Payments Corporation of India provided support for this project, which has benefited the Bank of Mauritius.  In order to fulfill the changing needs of its clientele, the central banks of Mauritius and India are dedicated to constantly enhancing and growing their offerings.