UPI Goes Live in Greece: Piyush Goyal Witnesses Launch at Eurobank, Boosting India’s Global Digital Payments Push

India’s digital payment revolution has reached another significant milestone as the Unified Payments Interface (UPI) officially went live in Greece. Union Commerce and Industry Minister Piyush Goyal witnessed the launch of UPI services at Eurobank headquarters in Athens, further expanding India’s rapidly growing digital payment ecosystem across international markets.

The launch was made possible through a partnership between Eurobank and NPCI International Payments Limited (NIPL), enabling eligible users to access fast, secure, and seamless UPI-based transactions in Greece.

The inauguration ceremony took place in Athens in the presence of Eurobank Chief Executive Officer Fokion Karavias and Fairfax Digital Services CEO Sanjay Tugnait during Minister Goyal’s official visit to Greece.

Calling the development a major achievement, Piyush Goyal emphasized that the launch reflects India’s increasing influence in global financial technology.

“The launch marks another important milestone in the global expansion of India’s digital payment ecosystem,” Goyal said.

He highlighted that UPI’s availability in Greece will provide customers with a more efficient way to transfer money internationally.

“Eligible customers can now transfer money instantly, securely, and seamlessly, with transaction costs significantly reduced compared to conventional money transfer systems,” the minister stated.

Goyal also credited Prime Minister Narendra Modi’s vision for accelerating India’s digital transformation and promoting technology-driven solutions on the global stage.

According to the minister, the growing international adoption of UPI demonstrates increasing confidence in India’s fintech capabilities and its ability to create innovative solutions that foster stronger economic partnerships worldwide.

India-Greece Economic Relations Gain Momentum

Apart from the UPI launch, Minister Goyal’s visit focused on enhancing bilateral trade and investment opportunities between India and Greece.

The visit included discussions with Eurobank’s leadership team at Hotel Grande Bretagne in Athens, where both sides explored avenues for deeper financial cooperation and future investment opportunities.

Business leaders from both countries also participated in the India-Greece Business Council Meeting and Business Forum hosted at the Athens Chamber of Commerce and Industry (ACCI).

Several sector-specific roundtable discussions were organized, covering key industries such as:

• Infrastructure, including energy, ports, logistics, shipbuilding, warehousing, trade, and gems and jewellery.
• Digital innovation and defence.
• Food processing and agriculture.

These discussions brought together industry stakeholders from India and Greece to identify potential collaborations, strengthen partnerships, and explore new business opportunities.

The engagements concluded with the India-Greece Business Summit, attended by senior government officials and business leaders from both nations.

The summit reaffirmed a shared commitment to boosting trade, encouraging investments, and promoting innovation-led growth.

A networking reception at ACCI wrapped up the day’s events, offering participants an opportunity to deepen institutional ties and strengthen long-term economic cooperation.

UPI’s Global Expansion Continues

The launch of UPI services in Greece represents another step in India’s broader strategy to establish its homegrown digital payment infrastructure as a global standard.

With its increasing international presence, UPI continues to enhance financial connectivity, simplify cross-border transactions, and position India as a leading force in digital innovation.

As more countries adopt India’s payment technology, UPI is steadily emerging as one of the world’s most influential digital payment systems, strengthening India’s role in shaping the future of global fintech.

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