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QNB & NPCI International partner to launch UPI Payments in Qatar

By Gloria Methri

July 11, 2024

  • FinTech
  • India
  • NPCI International
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NPCI, Bhim, UPI, QR Code Payments, India, Qatar, QNB, UPI Payments, FinTech QNB has partnered with NPCI International Payments Limited (NIPL) to enable QR code-based Unified Payments Interface (UPI) payments across Qatar. This initiative enables UPI payment acceptance in Qatar through 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. This announcement is of particular significance as Indians rank as the second largest group of international visitors to Qatar.

By adopting UPI payments, merchants in the country will also be able to offer a faster and more convenient payment and checkout process, thereby enhancing customer satisfaction and opening numerous opportunities for businesses across the country.

Speaking on the development, Anubhav Sharma, Deputy Chief – Partnerships and Business Development, NPCI International, said, “We are happy to collaborate with QNB to bring UPI payments to Qatar. 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.”

Commenting on this, Adel Ali Al-Malki, Senior Executive Vice President of 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 acceptance, 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.”

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