Akshata Sharma
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NPCI International Payments Limited (NIPL) has partnered with Doha-based QNB to launch QR code-based Unified Payments Interface (UPI) payments in Qatar.
The partnership will enable UPI payment acceptance in Qatar through the QNB (the largest financial institution in the Middle East and Africa) merchant network, benefiting Indian travellers visiting and transiting through the country.
This partnership will allow Indian tourists to use their preferred payment method across retail stores, tourist attractions, leisure sites, duty-free shops, and hotels. This development is particularly significant as Indians rank as the second largest group of international visitors to Qatar.
Anubhav Sharma, Deputy Chief Partnerships and Business Development at NPCI International, stated, "We believe that enabling UPI acceptance in Qatar will offer substantial benefits to the large number of Indians visiting the country, simplifying their transactions, and ensuring a hassle-free travel experience abroad. Additionally, merchants in Qatar will greatly benefit from UPI, gaining access to a wider customer base and more efficient payment and collection processing, he added.
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