PhonePe users can now make UPI payments in UAE via NEOPAY terminals<br/

PhonePe users can now make UPI payments in UAE via NEOPAY terminals<br/

NRIs in the UAE can use their local mobile number to access UPI-mobile based payments apps such as PhonePe, Paytm, Google Pay and etc., in India.

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PhonePe App users in the UAE can now make payments using UPI at Mashreq’s NEOPAY terminals, available across a retail stores, dining outlets, as well as tourist and leisure attractions. They simply need to scan the QR code for seamless and rapid payments. These transactions are facilitated by the Unified Payments Interface (UPI). The account debit will occur in INR, showing the currency exchange rate.

Additionally, NRIs with UAE mobile numbers can also download the PhonePe App and link their existing NRE and NRO accounts to facilitate payments. This aims to enhance the ease and convenience of transactions for the Indian diaspora in the UAE.

This collaboration is facilitated through Mashreq’s partnership with NPCI International Payments Limited (NIPL). Through this partnership, Mashreq has enabled NEOPAY terminals to accept UPI apps as a payment instrument, thus allowing Indian travelers to conveniently use UPI for transactions.

This strategic alliance combines PhonePe’s cutting-edge technology with Mashreq’s commitment to incorporate best-in-class tech and innovation in their operations. It will play a vital role in providing a superlative