PhonePe App Allows Indian Users to Make UPI Payments in UAE
UPI payments are gradually rolling out to more countries, and Indian users now have more reasons to be happy about using the digital payment service. PhoneP has announced this week that people heading to or coming from the UAE to India can benefit from using UPI payments through its mobile app.
UPI payments are available through Paytm, Google Pay and even WhatsApp, but PhonePe has stolen a march over its competitors with this announcement. PhoneP users just need to log in with their mobile number, which is directly linked to their bank account and authorize UPI payments with a four-digit UPI PIN that users have to set.
PhonePe UPI Payment in UAE: How it works
PhonePe is partnering with Mashreq to build a payment service in the UAE for consumers who can use a QR code on its NEOPAY terminals with the PhonePe app and make a quick payment.
If you already use PhonePe and have travel plans to the UAE in the coming weeks, you can scan the QR code available at retail outlets and tourist attractions to make the payment. The UPI payment will be deducted from your bank account in INR and will also give you the exchange rate value.
Indians residing in UAE can also benefit from this service as they can login to PhonePe with their UAE mobile number and link their NRE (Non-Resident External) bank account for payment.
UPI has expanded its reach to other countries, thanks to National Payment Corporation of India (NPCI) partnering with several global payment bodies to make this happen. People living or moving to the UAE can now take advantage of the fast and secure UPI payment service.
