New Delhi: The Indian Government has been pushing UPI globally for faster digital payments. Now, UPI will be available in the Middle East country UAE as well.
NPCI International Payments Limited has partnered with Network International, a large digital commerce company in the Middle East and Africa for this.
Now Indian travelers or NRIs in UAE will make Unified Payments Interface (UPI) payments through QR code through Point of Sale machines. NPCI International CEO Ritesh Shukla said that the increasing acceptance of UPI payments among UAE merchants will be convenient not only for Indian travellers, rather, it will promote innovative digital payment solutions at the international level.
According to the NPCI release, "The number of Indian travelers in the Gulf Cooperation Council (GCC) is estimated to reach 98 lakh in 2024. Around 53 lakh Indians are likely to reach UAE alone."