Launch at Eurobank strengthens India–Greece economic ties and extends the international reach of India’s flagship payment platform.
India’s Unified Payments Interface (UPI) has officially gone live in Greece, marking another significant step in the global expansion of the country’s digital payments ecosystem and further strengthening economic cooperation between India and Greece.
The launch was witnessed by Union Minister of Commerce and Industry Piyush Goyal during his official visit to Athens, where he attended a live demonstration of the Eurobank–NPCI International Payments Limited (NIPL)partnership at Eurobank’s headquarters. Joining him were Eurobank Chief Executive Officer Fokion Karavias and Fairfax Digital Services CEO Sanjay Tugnait.
The introduction of UPI services in Greece enables eligible users to make instant, secure and seamless digital payments while significantly reducing transaction costs compared to traditional cross-border money transfer methods.
Speaking at the launch, Goyal described the development as another important milestone in the international journey of India’s homegrown digital payment platform.
He noted that the growing acceptance of UPI across global markets reflects increasing confidence in India’s technology-driven innovation and reinforces the country’s vision of building digital solutions that facilitate international commerce, financial inclusion and cross-border collaboration.
The launch formed part of Goyal’s broader visit to Greece, where he is leading a delegation of senior government officials and business leaders to strengthen bilateral trade, investment and commercial partnerships.
The visit included a series of high-level engagements aimed at expanding cooperation across multiple sectors. Discussions began with meetings between the Indian delegation and Eurobank’s leadership, focusing on financial collaboration and investment opportunities.
The delegation also participated in the India–Greece Business Council Meeting and Business Forum hosted by the Athens Chamber of Commerce and Industry, where industry leaders from both countries explored new avenues for collaboration.
Three dedicated sectoral roundtables examined opportunities in infrastructure, including energy, ports, logistics, shipbuilding and warehousing; digital innovation and defence; and food processing and agriculture. The sessions brought together government representatives and private-sector leaders to identify areas of mutual interest and promote long-term business partnerships.
The day’s programme concluded with the India–Greece Business Summit, attended by ministers and senior business executives from both countries. The summit reaffirmed a shared commitment to expanding bilateral trade, encouraging investment and fostering innovation-led economic growth.
A networking reception hosted by the Athens Chamber of Commerce and Industry provided an additional platform for business leaders and policymakers to strengthen institutional relationships and explore future collaboration.
The activation of UPI in Greece represents another milestone in India’s efforts to internationalise its digital public infrastructure while enhancing convenience for travellers, businesses and the Indian diaspora. As UPI continues to expand into new markets, it is increasingly emerging as a key enabler of seamless cross-border digital payments and a symbol of India’s growing leadership in financial technology.
