NPCI International Payments Limited (NIPL), the international arm of the National Payment Corporation of India, informed that BHIM UPI is now available at NEOPAY terminals across the UAE. This initiative will enable millions of Indians travelling to UAE to make secure and easy payments with BHIM UPI at NEOPAY-using shops and merchant stores. NIPL and Mashreq Bank's payments subsidiary NEOPAY had partnered last year to build acceptance infrastructure in UAE.
Ritesh Shukla, CEO, NIPL said, “We are delighted to see BHIM UPI going live in the UAE through our partnership with NEOPAY. This initiative will enable Indian tourists to make payments using BHIM UPI, which is the same as for Indian citizens. has emerged as the preferred mode of payment. “NIPL with our state-of-the-art solutions continues to work towards simplifying digital payments and enhancing digital public goods across the globe,” he added.
Ritesh Shukla said that work is being done to ensure smooth user experience in terms of payments. He said that 'NIPL is dedicated to building a vast global acceptance network for UPI'. Vibhor Mundhra, CEO, NEOPAY said, “Our partnership with NIPL is a testimony to our commitment to provide innovative payment solutions for our customers and to leverage the latest cutting edge technology to give them an opportunity to take full advantage of the thriving digital economy. Is."
For making transactions using the UAE using UPI, users need to have a bank account in India with UPI activated on it. Also, people need to have a mobile app like BHIM that supports UPI payments.
No, UPI won't be available in the whole UAE. Only at the NEOPAY terminals, the UPI payments will be accepted. Vibhor Mundhada, CEO, of NEOPAY said, “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.”