India's UPI to go live in Cyprus in 2026, marking first EU foothold for NPCI's payment rails
Announced during Cypriot President Christodoulides' state visit, the rollout extends India's real-time payments infrastructure into the European Union for the first time. Move deepens bilateral financial connectivity alongside $16B in cumulative FDI since 2000.
India's UPI will go live in Cyprus in 2026, announced during Cypriot President Christodoulides' state visit, extending India's digital payment rails into the EU and deepening bilateral financial connectivity.
Why this matters
Builds on UPI's domestic dominance—now 85.5% of India's payment volume—by exporting rails abroad. First EU launch follows UPI's role accelerating India's digital commerce shift.
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