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UPI payments will now be available in UAE, as NPCI International joins hand with Network International
ET Bureau | July 3, 2024 11:20 PM CST

Synopsis

The introduction of UPI payments in UAE through NPCI International and Network International aims to provide seamless payment experiences for Indian travelers and NRIs. The initiative reflects the growing global acceptance of UPI, with partnerships established in various countries for faster digital payments.

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UPI payments will now be available in UAE, as the NPCI International payments Ltd partnered with Network International (network), a major player in digital commerce across the Middle East and Africa.

QR code-based UPI payments via Network’s point-of-sale (POS) terminals in the UAE. UPI acceptance will be rolled out progressively in for retail use and will ensure 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.

The number of Indian tourists travelling to the Gulf Cooperation Council (GCC) countries is projected at 9.8 million in 2024, with the UAE anticipating 5.29 million arrivals from India, a release from NPCI said.

The government, the Reserve Bank of India and NPCI international have been pushing for global acceptance of UPI and partnering with numerous countries for faster digital payments. UPI is officially accepted in Nepal, Sri Lanka, Mauritius, UAE, Singapore, France and Bhutan.


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