NPCI International Payments Ltd (NIPL), the international arm of the National Payments Corporation of India (NPCI), on Thursday signed an agreement with QNB, the largest financial institution in the Middle East and Africa, headquartered in Qatar, to introduce QR codes to launch Unified Payments Interface (UPI) payments across the Gulf country.
This will enable the acceptance of UPI payments in Qatar through the QNB merchant network, benefiting Indian travelers visiting and transiting through the country.
“We believe that enabling UPI adoption in Qatar will provide significant benefits to the large number of Indians visiting the country, simplify their transactions and ensure a hassle-free travel experience abroad,” said Anubhav Sharma, Deputy Chief – Partnerships and Business Development, NPCI International, a statement said.
This partnership will provide Indian tourists with the opportunity to use their preferred payment method in retail stores, tourist attractions, leisure locations, duty-free shops and hotels. “With the adoption of this new digital payment solution, we are revolutionizing the way transactions are conducted, enhancing the travel experience like never before,” said Adel Ali Al-Malki, Senior Executive VP, QNB Group Retail Banking.
By accepting UPI payments, merchants in Qatar can also offer a faster and more convenient payment and checkout process.
