Saturday, July 6, 2024 Galeries Lafayette Haussmann integrates UPI payments, enhancing convenience and security, showcasing its commitment to innovation and improving the shopping experience. Galeries Lafayette Haussmann has unveiled the adoption of the Unified Payments Interface (UPI) system, enhancing payment convenience and security for its patrons. This move reflects the store’s ongoing commitment to modernizing and simplifying the payment experience for its customers.
The Unified Payments Interface (UPI), an innovative payment technology developed by the National Payments Corporation of India (NPCI), has revolutionized the digital payment landscape in India. Launched in 2016, UPI facilitates instant and interbank money transfers via mobile applications, allowing users to link multiple bank accounts to a single app using unique virtual identifiers. Founded in 2008, NPCI is a non-profit organization focused on enhancing and developing India’s payment infrastructure.
Through innovations like UPI, NPCI has significantly contributed to digitizing the Indian economy, making digital payments more accessible and inclusive for millions of people. This transformation has not only simplified everyday transactions but also advanced financial inclusion on an unprecedented scale. To commemorate the introduction of UPI payments at Galeries Lafayette Haussmann, a cocktail event was hosted on Wednesday, July 3rd, 2024.
The event was graced by H.E. Jawad Ashraf, Ambassador of India, a.
