Technology-led solutions create value beyond borders and deepen partnerships, says Minister
India’s digital payment ecosystem continues its global expansion with UPI going live on 30 June at the Eurobank headquarters in Athens through a Eurobank-NIPL partnership, the Ministry of Commerce and Industry said.
Minister of Commerce and Industry Piyush Goyal witnessed the live demonstration of enabling UPI services through Eurobank, alongside its CEO, Fokion Karavias, and CEO of Fairfax Digital Services, Sanjay Tugnait.
Goyal is leading a delegation of senior business leaders and officials on a visit to Greece to advance bilateral economic cooperation and strengthen commercial partnerships.
Goyal said that the launch marks another important milestone in the global expansion of India’s digital payment ecosystem – with UPI now live in Greece, eligible customers can transfer money instantly, securely, and seamlessly, with transaction costs reduced significantly to a fraction of those associated with conventional money transfer methods.
He added that the growing global acceptance and adoption of UPI reflects the trust in building technology-led solutions that create value beyond borders and deepen partnerships for shared growth and prosperity.
Goyal’s visit featured a series of high-level engagements underscoring the shared commitment of India and Greece to deepen economic ties.
The programme began with a meeting with the leadership team of Eurobank at Hotel Grande Bretagne, Athens. Discussions focused on enhancing financial collaboration and exploring opportunities for investment and growth.
The delegation participated in the India-Greece Business Council Meeting and Business Forum at the Athens Chamber of Commerce and Industry (ACCI). Three sectoral roundtables were convened on Infrastructure (Energy, Ports, Logistics, Shipbuilding, Warehousing, Trade, Gem & Jewellery); Digital Innovation & Defence; and Food Processing & Agriculture.
These roundtables saw participation of business leaders from India and Greece, underscoring the strong interest in building partnerships across diverse sectors. The roundtables enabled Indian and Greek business leaders to engage in focused discussions, identify synergies, and explore avenues for collaboration across diverse sectors. The proceedings concluded with an address by Minister Goyal, highlighting the shared vision of advancing trade, investment, and innovation-led growth.
The day’s proceedings culminated in the India-Greece Business Summit, attended by Ministers from both countries along with senior business leaders. The Summit reaffirmed the shared vision of advancing trade, investment, and innovation-led growth. fiinews.com
