NPCI arm, Network Int join hands for UPI payment system in UAE

The National Payments Corporation of India (NPCI) on Thursday said its international arm NIPL and global digital commerce enabler Network International have signed an agreement for mobile-based real time payment system in the UAE.

Network International enables digital commerce across the Middle East and Africa.

NPCI International Payments Ltd (NIPL) and Network International have signed a memorandum of understanding for collaboration on acceptance of NIPL’s mobile-based real time payment system, Unified Payments Interface (UPI), in the UAE, NPCI said in a release.

The proposed rollout of UPI mobile payment solutions on Network International’s merchant network in the UAE is expected to commence in the first quarter of 2022 across the company’s key retail merchant partner outlets.