Now, In UAE, Pay For Your Purchases Using BHIM UPI

Now, In UAE, Pay For Your Purchases Using BHIM UPI
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The international arm of the national payment corporation of India has disclosed that BHIM UPI can be used at the NEOPAY terminal across the UAE. With the help of BHIM UPI in UAE, tourists can now make easy payments through BHIM UPI across NEOPAY. 

NIPL and NEOPAY are the payment subsidiary of Mashreq bank, which collaborated last year to introduce the BHIM UPI payment in the UAE.

CEO NIPL Ritesh Shukla said, “they Are happy to witness BHIM UPI now going to be used in  UAE with the collaboration with NEOPAY. This initiative will allow Indian tourists to make easy payments with the help of BHIM UPI and BHIM UPI is the most preferred mode of payment for Indian citizens.

He further added that NIPL is working toward making digital payments easy. They are dedicated to building a large global acceptance network for UPI to ensure a smooth user experience while paying. 

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UAE is considered the top market for Indian tourists, and partnership with NIPL will let Indian tourists visit the UAE every year for safe, easy, and smooth transactions,” CEO of NEOPAY Mr. Vibhor Mundhada 

Created by the National Payment Corporation of India, UPI is a fast and real-time payment system. It was developed for inter-bank transactions. UPI being the most preferred mode of payment, is fast, simple, safe, and cost-effective. In 2022 UPI made 45.6 billion transactions worth $1 trillion; this makes UPI the best performing real-time payment system in the world.

NEOPAY mission is to build strong and sustainable digital payment systems for retailers and distributors. It offers a model to cover small stores directly in a cost-effective way. Many companies trust NEOPAY. They say that NEOPAY has high security and speedy payment and enables thousands of transactions per month.

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