To facilitate UPI-based payments in the Gulf country, the National Payments Corporation of India (NPCI) has teamed with the Mashreq Bank’s NEOPAY.
Travelers from India can now use UPI to pay in the UAE.
It is significant to remember that NEOPAY terminals are required in UAE stores in order for UPI payments to be accepted.
Bhutan and Nepal currently accept UPI payments.
Using UPI-based apps, Indian tourists may now easily make payments in the UAE.
Who knows how?
This is so that UPI based payments can be made in the Gulf State thanks to a partnership between the National Payments Corporation of India (NPCI) and Mashreq Banks NEOPAY.
Being able to use UPI as one of the payment options will make it significantly easier for Indian visitors to make payments in the UAE, where there is a sizable population of Indian expats.
The UPI services were first introduced in Bhutan in 2021 in association with the Royal Monetary Authority, the country’s official bank.
discussing UPI in the UAE We are happy to see BHIM UPI become live in the UAE thanks to our relationship with NEOPAY, according to Ritesh Shukla, CEO of NIPL. With the help of this initiative, Indian tourists will be able to make payments using BHIM UPI, which has become the preferred method of payment for Indian citizens. With our cutting-edge technologies, NIPL is constantly working to streamline digital payments and promote digital public goods around the world. To provide seamless user experiences when it comes to payments, we are committed to developing a sizable global acceptance network for UPI.