NPCI international and NEOPAY collaboration: Now, Indian travellers to UAE can use BHIM UPI for payments
NEOPAY-enabled shops and merchant stores can now accept BHIM UPI payments from Indian tourists in the UAE. This partnership will play a key role in transforming the P2M payment experience for Indian travellers in the UAE.
NEOPAY-enabled shops and merchant stores can now accept BHIM UPI payments from Indian tourists in the UAE. This partnership will play a key role in transforming the P2M payment experience for Indian travellers in the UAE. The implementation of BHIM UPI in the UAE is a stepping stone toward providing a major boost to digital payments in the country, the NPCI International Payments Ltd (NIPL) said in a release.
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NPCI international and NEOPAY, a payment subsidiary of Mashreq Bank, collaborated to offer the acceptance of BHIM UPI in the UAE
NPCI International Payments Ltd (NIPL), the International arm of the National Payment Corporation of India, has announced that BHIM UPI is now live at NEOPAY terminals across the UAE. With the acceptance of BHIM UPI in the UAE, Indian tourists can now make seamless payments through BHIM UPI across NEOPAY enabled shops and merchant stores.
NIPL and NEOPAY, the payment subsidiary of Mashreq bank, partnered last year to create the acceptance infrastructure in the UAE.
Mr Ritesh Shukla, CEO of NIPL, said, “We are glad to witness BHIM UPI going live in the UAE through our partnership with NEOPAY. This initiative will enable Indian tourists to perform payments using BHIM UPI which has emerged as the preferred mode of payment of Indian citizens. NIPL is consistently working towards simplifying digital payments and driving digital public goods across the globe with our cutting-edge solutions. We are dedicated to building a vast global acceptance network for UPI to ensure seamless user experiences when it comes to payments.”
Mr Vibhor Mundhada, CEO NEOPAY said, “Our partnership with NIPL is further evidence of our commitment to leverage the latest cutting-edge technology to provide innovative payment solutions for our customers and allowing them to take full advantage of the thriving digital economy. The UAE is consistently one of the top source markets for Indian travelers and our collaboration with NIPL will enable thousands of Indian tourists who visit the UAE every year to enjoy safe and seamless transactions.”
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03:27 PM IST