Mashreq, one of the leading financial institutions in the MENA region, in partnership with NPCI International Payments Ltd. (NIPL), has taken a significant step forward in enhancing financial connectivity between the UAE and India. Unified Payments Interface (UPI) – enabled apps such as PhonePe will now be integrated with NEOPAY, Mashreq’s payment platform, facilitating seamless payment solutions for Indian tourists across multiple merchant locations in the UAE.
Indian customers travelling to UAE, as well as NRIs with Indian bank accounts can enhance their payment convenience by downloading their preferred UPI-enabled app. Once installed, the app allows users to make payments at NEOPAY terminals. These terminals – conveniently located across multiple avenues in the UAE, including retail stores, dining outlets, and key tourist and leisure destinations – generate a QR code that can be scanned to facilitate easy and quick payments.
