Germany’s Central Digital and Transport Minister, Volker Wissing, experienced the convenience of UPI payments during his visit and became intrigued by its features.
German Minister, Volker Wissing, Makes Vegetable Purchase Using UPI: Germany’s Central Digital and Transport Minister, Volker Wissing, experienced the convenience of UPI payments during his visit. (Photo: Twitter, German Embassy India)
The use of India’s Unified Payments Interface (UPI) is continuously on the rise. It’s being adopted in all countries around the world. The Indian government also considers UPI as a major convenience. Germany has now joined the list of countries using India’s UPI. Volker Wissing, Germany’s Minister for Digital and Transport, who participated in the G20 Summit, has acknowledged India’s success story in this digital domain.
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The German Minister made a purchase of vegetables.
Germany’s Central Digital and Transport Minister, Volker Wissing, had an easy experience using UPI for payments, which left him impressed. In fact, Volker Wissing participated in the G20 Digital Ministers’ meeting in Bengaluru on August 19th, and on the following Sunday, he made a roadside vegetable purchase in Bengaluru. During this occasion, he bought vegetables from a market and made the payment through UPI. The video of the German Minister’s vegetable shopping has gained significant traction on social media platforms.
The German Minister Impressed by UPI’s Impact
The German Embassy in India, through their Twitter handle X, expressed admiration for the popularity of UPI and its remarkable usage in the country. In a tweet acknowledging India’s digital fundamental services, they stated, “UPI stands out as one of India’s success stories.” Volker Wissing, Germany’s Minister for Digital and Transport, was impacted by the usage of UPI. He mentioned, “It is very user-friendly and transactions are completed swiftly, which surprised me. He appreciated the security features of UPI and commented, “It’s highly secure, and I am confident that my money is safe.”
Easy, Fast, and Secure Payments
UPI (Unified Payments Interface) stands as a game-changer in the Indian payment system. It simplifies the process of giving and receiving money for people, making it more straightforward, swift, and secure. This secure and reliable payment system empowers customers to perform 24×7 transactions in real time. It grants users the convenience of rapidly refilling money on their mobile phones. The widely recognized Unified Payments Interface, chosen for its immense benefits, has now surged ahead of 500 million users, making it the most popular payment system in India.
Preparing for Further Enhancements to UPI
The global acceptance of India’s UPI is notable. Sri Lanka, France, the United Arab Emirates, and Singapore have collaborated with India to advance fintech and payment technologies. In the upcoming era, Artificial Intelligence (AI), in particular, is poised to bring significant changes to UPI. The Reserve Bank of India (RBI) aims to boost the use of UPI transactions, especially through Conversational Payments, by introducing UPI 2.0.