Now Loading

NPCI International Partners with Magnati to Enable UPI Payments in the UAE

NPCI

NPCI International Payments Limited (NIPL), the global arm of the National Payments Corporation of India (NPCI), has announced a strategic collaboration with Magnati, a prominent payment solutions provider in the Middle East. The partnership aims to facilitate Unified Payments Interface (UPI) merchant payments through Magnati’s point-of-sale (POS) terminals in the UAE, starting with Dubai Duty-Free.

This initiative is set to enhance the shopping and payment experience for Indian tourists in Dubai, with plans to expand UPI acceptance across key merchant sectors such as retail, hospitality, transport, and supermarkets.

UPI, a globally recognized real-time payment system, recorded over 16 billion transactions in December 2024.

With more than 12 million Indians visiting Dubai and the UAE annually, this partnership integrates Indian payment solutions into the international digital payment landscape, while empowering UAE merchants to cater to Indian consumers effectively.

Upcoming Conferences