Categories: Banking

NPCI partners with Mashreq Bank to launch UPI in the UAE

NPCI International Payments Ltd (NIPL) has partnered with Mashreq Bank to launch the payment system facility of Unified Payments Interface (UPI), in the UAE. Mashreq Bank is the oldest privately owned bank in the United Arab Emirates. This step will benefit the Indian tourists and who travel to UAE for business or leisure purposes to pay for their purchases using UPI-based mobile applications across shops and merchant stores in the UAE.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

This partnership will enable over two million Indians who travel to UAE for business or leisure purposes every year to pay for their purchases seamlessly using UPI-based mobile applications across shops and merchant stores in the UAE.

Important takeaways for all competitive exams:

  • National Payments Corporation of India MD & CEO: Dilip Asbe.
  • National Payments Corporation of India Headquarters: Mumbai.
  • National Payments Corporation of India Founded: 2008.

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

India’s Steel Consumption Rises 7.9% in April-July 2026

The steel industry in India witnessed robust performance during the first four months of the…

18 minutes ago

Indian Navy to Commission Second Indigenous Diving Support Vessel Nipun

Indian Navy set to commission the second Nistar class Diving Support Vessel (DSV), Nipun on…

57 minutes ago

CSIR-NAL Unveils Indigenous Gas Turbine Engines for Defence

CSIR unveiled the three Indian-made Micro & Small Gas Turbine Engines on 25th August, 2026.…

2 hours ago

e-Shram Portal Completes 5 Years: 31.89 Crore Workers Registered, Key Features and Benefits

The e-Shram portal will complete five years on 26 August 2026, which is quite an…

2 hours ago

Country Music Legend Dolly Parton Dies at Age 80

Country music icon Dolly Parton has passed away at the age of 80 years, her…

3 hours ago

What is the World’s Largest Freshwater Fish? All About the Record-Breaking Giant Stingray

Imagine pulling a fish from a river that weighs as much as a large motorcycle…

3 hours ago