PhonePe app now allows Indians residing in UAE to make UPI payments
Indian tourists and NRIs in the UAE can now use the PhonePe app to make UPI payments, thanks to a partnership between the NPCI and Mashreq Bank’s NEOPAY. This collaboration has enabled UPI-based payments in the Gulf Nation, making financial transactions easier for Indian travellers in a country with a significant Indian expat population. Earlier, in 2021, UPI services were successfully launched in Bhutan in collaboration with Royal Monetary Authority, the central bank of Bhutan. “The UAE is a very popular destination with millions of Indian visitors every year. With…
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