Indians travelling to Qatar can now make payments using UPI
UPI can be used at retail stores, tourist attractions, leisure sites, duty-free shops and hotels;
NPCI International Payments (NIPL) signs deal with QNB
Published: 13 July 2024
NT Bureau
Doha
Indians in Qatar can now make payments using UPI by scanning a QR code, as NPCI International Payments (NIPL) signed an agreement with Qatar National Bank (QNB), the leading financial institution in the Middle East and Africa, based in Qatar.
This will allow UPI payments in Qatar via the QNB merchant network, greatly benefiting Indian travellers visiting and transiting through the country.
This partnership will provide Indian tourists the option to use their preferred payment method across retail stores, tourist attractions, leisure sites, duty-free shops and hotels, the QNB said in a statement.
Local merchants in Qatar will also experience numerous benefits from this innovative payment solution. By adopting UPI payments, merchants can offer a faster and more convenient payment and checkout process, enhancing customer satisfaction. This, in turn, will open up new opportunities for merchants to attract and serve the growing number of international travellers visiting Qatar, further boosting sales and business growth.
Commenting on this, Adel Ali Al-Malki, Senior Executive Vice Present, QNB Group Retail Banking said:
“We are thrilled to embark on this pioneering journey with NIPL to bring UPI payments to Qatar, setting a new standard in innovation in the region. With this new digital payment solution, we are revolutionizing the way transactions are conducted, enhancing the travel experience like never before. We are confident that the strategic initiative will not only elevate the travel and hospitality sectors but also empower local merchants to thrive in a dynamic and increasingly digital marketplace.”
Speaking on the development, Anubhav Sharma, Deputy Chief – Partnerships and Business Development, NPCI International said,
“We are happy to collaborate with Qatar National Bank to bring UPI payments to Qatar. We believe that enabling UPI acceptance in Qatar will offer substantial benefits to large number of Indians visiting Qatar, simplifying their transactions and ensuring a hassle-free travel experience abroad. Additionally, Qatari merchants will greatly benefit from UPI, gaining access to a wider customer base and more efficient payment and collection processing.”
This partnership underscores QNB’s dedication to leveraging advanced technology to enhance its service offerings and support Qatar’s vision of becoming a global hub for tourism and commerce. By enabling QR code-based UPI payment acceptance, QNB is paving the way for a more connected and digitally inclusive future.
