New Delhi, Jan 16 || Indian tourists visiting the United Arab Emirates (UAE) will be able to use Unified Payments Interface (UPI) to make payments over a wider range of merchant locations with NPCI International Payments Limited (NIPL) announcing that it has entered into a partnership with Magnati, a payment solutions provider in the Middle East.
The collaboration aims to expand the QR-based merchant payment network in the UAE by enabling more merchants to provide UPI as a payment method to Indian travellers.
The partnership will be initially enabled at Dubai Duty-Free, catering specifically to Indian tourists. It will later be expanded to other sectors such as retail, hospitality, transport, and supermarkets, according to an NIPL statement.
NIPL, the international arm of the National Payments Corporation of India (NPCI), said this partnership would provide seamless payment options to more than 12 million Indians travelling to Dubai and the UAE annually.
"This aligns with our vision of providing Indians with a global digital payments acceptance network and enhancing their payment experience abroad. Furthermore, it paves the way for broader economic and cultural connections between India and the UAE," said Ritesh Shukla, Chief Executive Officer (CEO), NIPL.