logo
logo
  • Home
  • About Tripura
    • Tripura
    • Governon
    • Chief Minister
    • Council of Ministers
  • Tripura
  • National
  • International
  • Lifestyle
  • Spotlight
  • Sports
  • Jobs/Tender
  • Photo Album

UPI payments now available in UAE after NPCI International Payments and Network International join hands

By IBNS
Jul 3, 2024 ..

New Delhi: UPI payments are now available in the UAE through a partnership between NPCI International Payments Ltd and Network International, a key player in digital commerce across the Middle East and Africa.


QR code-based UPI payments will be facilitated via Network’s point-of-sale (POS) terminals in the UAE.

The rollout will progressively expand for retail use, ensuring seamless and secure transactions for Indian tourists and Non-Resident Indians (NRIs).

“By growing UPI payment acceptance across merchants in the UAE, we are not only providing Indian travellers with a seamless and familiar payment experience, but also promoting the use of innovative digital payment solutions internationally,” said Ritesh Shukla, CEO of NPCI International.

According to a release from NPCI, the number of Indian tourists traveling to the Gulf Cooperation Council (GCC) countries is projected to reach 9.8 million in 2024, with the UAE expecting 5.29 million arrivals from India.

The government, the Reserve Bank of India, and NPCI International have been advocating for global acceptance of UPI, partnering with numerous countries to facilitate faster digital payments.

UPI is officially accepted in Nepal, Sri Lanka, Mauritius, UAE, Singapore, France, and Bhutan.

Leave a Reply
Post comment
Related News
CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Dec 6, 2024 ..
JP Morgan gives 'overweight' rating to Adani Group bonds
Dec 6, 2024 ..
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Dec 6, 2024 ..
De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Dec 6, 2024 ..
Vodafone Idea to consider Rs 2,000 crore equity raise on December 9, eyes tariff adjustments
Dec 6, 2024 ..
Newsletter

Subscribe For Northeast Herald News And Receive Daily Updates

logo

Northeast Herald starts its journey from Tripura state capital city Agartala to cover the entire Northeast region of India for the latest news, news photos, and the latest photos to promote the great cultural, historical and traditional identity of the region.

  • Twitter Icon
  • About Tripura
  • About Northeast
  • National News
  • Tripura News
  • International
  • Entertainment
  • Spot Light
  • Article Us
  • Health
  • Lifestyle
  • Top News
  • Sports
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookies Policy
  • Code of Ethic
  • Site Map
  • Rss Feeds

Copyright © Northeast Herald. All Rights Reserved