EAM S. Jaishankar In Nigeria: UPI Has Put Indians At Forefront Of Cashless Revolution

Join us for a deep dive into India's remarkable journey from cash transactions to the forefront of digital payments! External Affairs Minister S Jaishankar highlights the nation's technological embrace, sharing that Indians now make more cashless transactions in a month than the U.S. does in three years. From the revolutionary Unified Payments Interface (UPI) to tackling the COVID-19 pandemic, India's transformation is awe-inspiring. In an interaction with the Indian community in Nigeria on Sunday, January 21, Jaishankar discusses key milestones, including the surge in UPI transactions, reaching a staggering 8,375 crore in 2022-23. The Reserve Bank of India's interventions and the introduction of features like 'instant credit via UPI' and UPI Lite X showcase the nation's commitment to financial inclusivity. Discover how India's resilience and technological prowess have set a global benchmark. Don't miss this illuminating exploration of India's digital evolution and triumph over challenges!