Are you traveling to UAE? If you are, then the National Payments Corporation of India (NPCI) has a piece of news for you that you should not miss. NPCI’s international arm – NPCI International Payments Limited (NIPL) – has announced that BHIM UPI is now live at Neopay terminals across the UAE.
With this update, all Indian citizens traveling to UAE will be able to pay for their purchases using BHIM UPI. “This initiative will empower millions of Indians traveling to the UAE to make secure and easy payments using BHIM UPI,” the organization said.
To make this possible, NIPL has partnered with Mashreq Bank’s payments subsidiary, NeoPay, to create an acceptance infrastructure, as a part of which Indian citizens will be able to make payments in the country using BHIM UPI .
Will BHIM UPI-based payments be available across UAE?
Whereas BHIM UPI-based payment will be available across the UAE. There is a warning. This service will be available only at NEOPAY terminals.
“We are delighted to see BHIM UPI go live in the UAE through our partnership with NEOPAY. This initiative will enable Indian tourists to make payments using BHIM UPI which has emerged as the preferred mode of payment for Indian citizens,” said Ritesh Shukla, CEO, NIPL.
How will this service work?
Using the feature is quite simple. All users need is a bank account registered in India, UPI connectivity and a UPI-based app that users can use to make payments in the country. With this partnership, NEOPAY terminals will convert the due amount into Rupees and charge the users accordingly.
Is this the first time that UPI-based payments have been enabled in another country?
no it’s not. In July last year, Bhutan became the first country in the world to adopt India’s BHIM UPI. The service was jointly launched by Union Finance Minister Nirmala Sitharaman and her Bhutanese counterpart, Lyonpo Namge Tshering. Then in February this year, Nepal adopted the BHIM UPI interface to promote digital payments within its borders. Singapore also adopted the platform last year, with the service set to be operational in 2022.
Post UAE travel? You can now pay for your purchases using BHIM UPI first on BGR India.