UPI goes live at Galeries Lafayette Nice via NIPL–Lyra Collect tie-up
Commerce Minister Piyush Goyal launched UPI acceptance at Galeries Lafayette in Nice through NIPL and Lyra Collect, extending India's retail payments rail into French department store checkout and signaling deeper outbound tourist-spend capture.
What happened
Commerce Minister Piyush Goyal urged Indian investors and corporates to back domestic startups and launched UPI at Galeries Lafayette in Nice, France via NIPL
Key facts
- Rs 10,000 crore Fund of Funds
Why this matters
The NIPL–Lyra Collect tie-up surfaces Lyra as a strategic gateway partner for any India-linked payments or commerce play seeking rapid European merchant distribution.
Also reported by
- YourStory — Same time