Mumbai: Indian tourists visiting the United Arab Emirates (UAE) can now use the Unified Payments Interface (UPI) at a wider variety of merchant locations after the partnership of NPCI International Payments Limited (NIPL) with Magnati, a leading payment solutions provider in the Middle East. The partnership will enhance QR-based Unified Payments Interface (UPI) payments at Magnati’s point-of-sale (POS) terminals in the UAE.
UPI is recognised as one of the world’s most successful real-time payment systems, processing over 16 billion transactions in December 2024 alone. With this partnership, NIPL can provide seamless payment options to more than 12 million Indians travelling to Dubai and the UAE annually. It plugs an Indian solution into the global digital payments network and allows UAE merchants to cater to a growing Indian consumer base.
The partnership will initially offer UPI acceptance across Dubai Duty Free, enhancing the shopping and payment experience for Indian tourists. It will further pave the way for future expansion across key merchant categories including retail, hospitality, transport, and supermarkets, among others.
