RuPay card system to go global: NPCI joins hands with UAE’s Al Etihad payments

NPCI International Payments Ltd, the international arm of the National Payment Corporation of India, on Thursday signed an agreement with Al Etihad Payments to build, implement, and operationalise UAE’s national domestic card scheme.

The domestic card scheme (DCS) aims to facilitate the growth of e-commerce and digital transactions in the UAE, bolster financial inclusion, support the UAE’s digitisation agenda, increase alternate payment options, and reduce the cost of payments.

“As per the agreement, NPCI International Payments Ltd (NIPL) and AEP will work together to build, implement, and operationalise UAE’s national domestic card scheme,” an official statement said.