PhonePe Enables UPI Payments For Indians Travelling To The UAE

PhonePe Enables UPI Payments For Indians Travelling To The UAE

SUMMARY

Facilitated by UPI, the service will only be available at Mashreq Bank’s NEOPAY terminals

Users can simply scan the QR code, and the account will be debited in INR at current currency exchange rates

NRIs with UAE mobile numbers can also link their existing NRE and NRO accounts to their PhonePe app to make payments

Fintech giant PhonePe on Thursday (March 28) said its users can now make digital payments in the UAE. Facilitated by UPI, the service will only be available at Mashreq Bank’s NEOPAY terminals.

Under this, users can simply scan the QR code, and the account will be debited in INR at current currency exchange rates. This collaboration has been facilitated through Mashreq’s partnership with NPCI International Payments Limited (NIPL). NIPL is the international arm of NPCI.

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