During Prime Minister Narendra Modi's state visit in June 2026, India concluded a UPI implementation agreement with which island nation?

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The correct answer is Option A: Seychelles. India and Seychelles signed an MoU to operationalise the Unified Payments Interface (UPI) in Seychelles by the end of 2026. UPI is an instant bank-to-bank digital payment system developed in India and operated by the National Payments Corporation of India (NPCI). NPCI functions as the umbrella organisation for retail payment systems under the regulatory framework of the Reserve Bank of India (RBI). The UPI agreement was signed between NPCI and the Central Bank of Seychelles to enable digital payment acceptance. Seychelles is an island nation in the western Indian Ocean and a member of the African Union. UPI was launched in 2016 and has become one of the world's largest real-time payment systems. India has already expanded UPI-linked payment connectivity with Singapore, the United Arab Emirates, France, Mauritius, and Sri Lanka. India also announced an umbrella Line of Credit worth ₹1,250 crore for priority development projects in Seychelles.

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Maldives

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Sri Lanka

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Mauritius

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Comoros

During Prime Minister Narendra Modi's state visit in June 2026, India concluded a UPI implementation agreement with which island nation?

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During Prime Minister Narendra Modi's state visit in June 2026, India concluded a UPI implementation agreement with which island nation?

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