Lyra Network India, a pioneering leader in Fintech held a prestigious event, “Spotlight France: Lyra taking UPI to France”, which was graced by the esteemed presence of the Consulat Général de France à Bombay, Resp. Mr. Jean-Marc SERE-CHARLET and Mr. Ritesh Shukla, CEO, NPCI International.

Key Highlights of the Event:

The event was part of Global Fintech Fest 2023, jointly organized by the National Payments Corporation of India (NPCI), the Payments Council of India (PCI), and the Fintech Convergence Council (FCC), at Jio World Convention Centre, Mumbai, India from 5th to 7th September 2023.

The event offered comprehensive perspectives from experts from the fintech industry on the future of digital payments, the globalization of UPI and UPI’s journey to France.

“Lyra Network’s MoU to accept UPI payments in France is poised to revolutionize the country’s payment processing landscape. It not only opens up new avenues for businesses but also enhances the payment experience for consumers, making cross-border transactions faster, more secure, and cost-effective. “, said Resp. Mr. Jean-Marc SERE-CHARLET, Consul General of France in Mumbai.

While facilitating the audience, Mr Christophe Mariette, Commercial Director and Chairman, Lyra India said,” This event exemplified the tremendous potential of Indo-French collaboration. This partnership discussion has paved the way for innovative solutions that will benefit not only our countries but also the world.”.

Lyra Network also launched a white paper titled, “UPI: The Global Currency”, exploring the potential of the Unified Payments Interface (UPI) to evolve from a local success story into a global financial revolution. The white paper delves into the extraordinary journey of UPI, tracing its origins as a local digital payment system in India to its emerging role as a candidate for a universal global currency. It offers a comprehensive analysis of the challenges, opportunities, and implications of such a monumental transformation.

A Glimpse into the Future:

The success of UPI sets the stage for a bright and prosperous future. As we move forward, UPI has started the journey in France from the Eiffel Tower; it will be interesting as well as aspiring to witness the further globalization of UPI