Economy, Banking and Finance · 18 June 2026

Commerce and Industry Minister Piyush Goyal launches Unified Payments Interface (UPI) at Galeries Lafayette in Nice, France.

Exam-focused facts from the 18 June 2026 current affairs briefing.

Key facts

  • The Government of India, through Commerce and Industry Minister Piyush Goyal, launched the Unified Payments Interface (UPI) at Galeries Lafayette in Nice, France.
  • UPI was previously launched at the Eiffel Tower in Paris in 2024.
  • The launch involved the participation of Lyra Collect and NIPL.
  • UPI is now accepted in nine countries: Singapore, United Arab Emirates, France, Mauritius, Nepal, Bhutan, Qatar, Sri Lanka, and Cambodia.
  • Galeries Lafayette Nice Massena offers over 600 brands across fashion, beauty, and lifestyle.